Qualys Inc is a leading provider of cloud-based security and compliance solutions, enabling organizations to detect, monitor, and protect their IT assets from vulnerabilities and cyber threats
The company offers a comprehensive suite of services that include vulnerability management, policy compliance, web application security, and continuous monitoring, all delivered through its integrated cloud platform. By helping businesses streamline their security processes and maintain regulatory compliance, Qualys empowers organizations to strengthen their security posture and safeguard their critical digital assets in an increasingly complex cyber landscape.
From commerce to culture, software is digitizing every aspect of our lives. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately
as they’ve gained 30.2% over the past six months, outpacing the S&P 500’s 9% rise.
Shares of cloud security and compliance software provider Qualys (NASDAQQLYS)
fell 7% in the pre-market session after the company reported weak fourth-quarter results. The company's 2025 revenue guidance indicates a slowdown, with projected growth of 6–8% compared to 10% in 2024. This reduced sales outlook dragged down full-year earnings projections, missing earlier targets.
Yet billings climbed 13%, topping analyst forecasts and hinting at healthy customer demand, but the market reacted negatively to the softer guidance, leading to a decline in the stock.
Qualys CEO Sumedh Thakar said the quarterly results demonstrated the rapid pace of innovation and reflected the growing success of newer product initiatives.
Cloud security and compliance software provider Qualys (NASDAQQLYS) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 10.1% year on year to $159.2 million. The company expects next quarter’s revenue to be around $157 million, close to analysts’ estimates. Its non-GAAP profit of $1.60 per share was 17.2% above analysts’ consensus estimates.
Qualys currently trades at $138.99 per share and has shown little upside over the past six months, posting a small loss of 2.3%. The stock also fell short of the S&P 500’s 7.8% gain during that period.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Qualys (NASDAQQLYS) and the rest of the cybersecurity stocks fared in Q3.
Shares of cloud security and compliance software provider Qualys (NASDAQQLYS)
jumped 20.6% in the pre-market session after the company reported a "beat and raise" quarter. Qualys results below past most of the key top-line metrics we track, including billings, EBITDA, and adjusted EPS.
Cloud security and compliance software provider Qualys (NASDAQQLYS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.4% year on year to $153.9 million. Guidance for next quarter’s revenue was better than expected at $156 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was also 16.8% above analysts’ consensus estimates.
