Qualys Inc Stock Price, News & Analysis

Qualys (NASDAQ: QLYS) will release its second quarter 2022 financial results on August 8, 2022, after market close. The company will hold a conference call and live webcast at 5:00 p.m. Eastern Time on the same day to discuss the results. Qualys is a leading provider of cloud-based security, compliance, and IT solutions, serving over 10,000 subscription customers, including major Fortune 100 companies. The Qualys Cloud Platform enables automated security intelligence and vulnerability management across various IT environments.

Qualys, Inc. (NASDAQ: QLYS) has launched VMDR 2.0, a cloud-based solution enhancing vulnerability management with a drag-and-drop interface for prioritizing threats. The update addresses the doubling of disclosed vulnerabilities over five years and the challenge of cyber talent shortages. Customers utilizing the new TruRisk capability reported up to a 50% reduction in risk while managing 28% fewer critical vulnerabilities. The solution integrates tightly with ITSM tools like ServiceNow, enabling streamlined operations. VMDR 2.0 will be available for free trials in late June.

Qualys (NASDAQ: QLYS) will host the Qualys Security Conference (QSC) in San Francisco on June 7-8, 2022, coinciding with RSAC. The conference will launch updates to its Vulnerability Management, Detection and Response (VMDR) solution, enhancing capabilities for managing cybersecurity risks. Keynote speakers will include Sumedh Thakar, CEO, and Nagi Prabhu, Chief Product Officer, focusing on security automation. The event features live demos, customer presentations, and training sessions aimed at improving security management practices.

Qualys, Inc. has launched Custom Assessment and Remediation, enhancing its Qualys Cloud Platform to enable quicker responses to zero-day threats and facilitate compliance audits for custom applications. This solution empowers security teams to create custom scripts and automate workflows, significantly reducing mean time to respond (MTTR) to threats. It integrates easily into existing processes and provides access to a centralized library of scripts for efficiency. The solution is immediately available and aims to streamline security operations for organizations worldwide.

Qualys, Inc. (NASDAQ: QLYS) announced that it will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 24, 2022. Management, including president and CEO Sumedh Thakar and CFO Joo Mi Kim, will engage in one-on-one meetings and a fireside chat at 9:30 a.m. ET. A live webcast will be available on the Qualys investor relations page, along with a replay post-event. With over 10,000 subscribers, Qualys offers cloud-based security and compliance solutions, enhancing operational efficiency for organizations worldwide.

Qualys, Inc. (NASDAQ: QLYS) reported a strong start to 2022, with Q1 revenues increasing by 17% to $113.4 million. GAAP EPS rose to $0.64 and non-GAAP EPS to $0.89. The company's gross profit also increased by 19%, reflecting a GAAP gross margin of 79%. Operating cash flow surged by 37% to $79 million. Additionally, Qualys raised its full-year revenue guidance to $484-486.5 million and announced a $200 million increase to its share repurchase program. Their innovative products continue to gain traction, with a noted 40% customer penetration for its VMDR application.

Qualys (NASDAQ: QLYS) has announced the launch of an enhanced channel and integration partner program, reinforcing its commitment to partners as a key growth strategy. This initiative provides resellers with access to the Qualys Cloud Platform and over 20 IT, security, and compliance applications. The program aims to enrich partner benefits, offer technical certifications, and enable diverse partnerships across the cybersecurity space. Qualys' focus on collaboration is designed to reduce risks and enhance continuous security for enterprises.

Qualys, Inc. (NASDAQ: QLYS) will announce its first quarter 2022 financial results after market close on May 4, 2022. A conference call will occur at 5:00 p.m. ET the same day, where executives will discuss the results. Participants can join via phone or through a live webcast available on the company’s investor relations website. Qualys provides cloud-based IT security and compliance solutions, serving over 10,000 subscription customers, including many Fortune 100 companies.

Qualys (NASDAQ: QLYS) has launched Multi-Vector EDR 2.0, enhancing its threat-hunting capabilities and risk mitigation. The new features improve alert prioritization and response times, addressing the overwhelming number of security alerts organizations face. By integrating with vulnerability and patch management, the EDR solution reduces incident volumes and focuses on critical threats. Qualys's participation in MITRE Engenuity Evaluations demonstrated a 100% detection rate throughout simulated attacks, showcasing improved security efficacy.