Qualys Inc Stock Price, News & Analysis

Qualys, Inc. (NASDAQ: QLYS) announced its participation in two upcoming investor conferences. Management, including Sumedh Thakar, CEO, and Joo Mi Kim, CFO, will engage in a fireside chat and host one-on-one meetings. The events are scheduled for March 8, 2022, at 9:00 a.m. PT during the JMP Securities Technology Conference, and March 9, 2022, at 4:10 p.m. PT at the Morgan Stanley Technology, Media, and Telecom Conference. A live webcast will be available on the company's investor relations page.

Qualys, Inc. (NASDAQ: QLYS) reported Q4 and full-year 2021 results, with Q4 revenues of $109.8 million, a 16% increase year-over-year. GAAP net income was $21.8 million or $0.55 per diluted share. For FY 2021, revenues reached $411.2 million, up 13%, while GAAP net income decreased to $71.0 million or $1.77 per diluted share. The company highlighted strong adoption of its VMDR application, now at 36% customer penetration, and announced several innovations and partnerships aimed at enhancing market presence.

Qualys, Inc. (NASDAQ: QLYS) has introduced Qualys Context XDR, the first context-aware extended detection and response solution, designed to tackle cybersecurity threats. Leveraging the Qualys Cloud Platform, it combines asset inventory, network telemetry, and advanced threat intelligence to swiftly identify risks and minimize alert fatigue. This platform processes over 10 trillion data points and offers capabilities like patching and quarantining to enhance security operations. The solution is currently available for demo.

Qualys, Inc. (NASDAQ: QLYS) announced an update to its Qualys Cloud Platform, introducing advanced remediation capabilities for enhanced security. This feature enables organizations to resolve asset misconfigurations and patch various applications efficiently, streamlining their processes into a single application. According to CEO Sumedh Thakar, this change will improve response times and cyber defenses against vulnerabilities like Spectre/Meltdown. The updated Qualys Patch Management integrates seamlessly with its Vulnerability Management, Detection, and Response (VMDR), allowing for comprehensive vulnerability remediation.

Qualys, Inc. (NASDAQ: QLYS) will announce its financial results for Q4 and full year 2021 on February 10, 2022, after market close. A conference call will follow at 5:00 PM ET, accessible via phone or webcast. Qualys, a leader in cloud-based IT security and compliance solutions, serves over 19,000 customers across 130 countries, including many from the Forbes Global 100 and Fortune 100. Their platform offers continuous security intelligence, automating compliance for IT systems and web applications.

Qualys, Inc. (NASDAQ: QLYS) announced free access to its Web Application Scanning (WAS) solution for 30 days to combat the Log4Shell vulnerability, a critical zero-day threat. With this initiative, Qualys aims to assist organizations in detecting and mitigating risks associated with the CVE-2021-44228 flaw that affects web applications globally. The WAS tool simulates attack patterns to accurately identify vulnerable sites, helping organizations secure their systems against potential exploits. CEO Sumedh Thakar emphasized the urgency of addressing this vulnerability, calling it one of the most alarming threats in a decade.

Qualys, Inc. (NASDAQ: QLYS) announced the appointment of Bill Berutti to its Board of Directors. Berutti, an expert in cloud and enterprise software, brings significant experience from his roles at Plex Systems and BMC Software. His addition is expected to enhance Qualys' strategic direction as they focus on expanding their cloud platform and delivering innovative solutions. This move aligns with the company's growth strategy aimed at providing advanced security and compliance solutions to over 19,000 active customers worldwide.

Qualys, Inc. (NASDAQ: QLYS) has achieved the AWS Graviton Ready designation, integrating its Cloud Agent with AWS Graviton's services. This recognition enables joint customers to benefit from the cost savings of AWS Graviton2 ARM architecture alongside Qualys' comprehensive IT, security, and compliance platform. Customers can easily activate multiple applications, including the innovative VMDR, streamlining workflows on AWS. Qualys is distinguished as an AWS Partner Network member with products built for AWS services, enhancing productivity for AWS customers.

Qualys, Inc. (NASDAQ: QLYS) will host its annual Qualys Security Conference (QSC) on November 17-18, 2021, in Las Vegas, featuring industry experts and keynotes from Chris Krebs and CEO Sumedh Thakar. The event focuses on enhancing cybersecurity practices amid rising cyber threats and includes free training sessions on best practices and product features. Attendees can network and explore Qualys’ unified security solutions aimed at improving IT visibility and compliance management. Registration for attendees is complimentary.