Qualys Earnings Top Estimates, Guidance In-Line With Expectations

Qualys late Tuesday reported adjusted first-quarter revenue and earnings that topped views and forecast in-line June quarter profit and sales.

The post Qualys Earnings Top Estimates, Guidance In-Line With Expectations appeared first on Investor's Business Daily.

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Qualys (QLYS) late Tuesday reported first-quarter revenue and earnings that topped views and forecast in-line June quarter profit and sales.

The cybersecurity firm said adjusted earnings were 36 cents a share, up 80% from a year ago, with revenue rising 22% to $65 million, topping consensus estimates. A year earlier, Qualys earned 20 cents a share on sales of $53 million. Analysts expected Qualys to report earnings of 33 cents on sales of $64 million for the period ended March 31.

In the June quarter, Qualys forecast adjusted profit of 34 cents a share, in line with estimates. The cybersecurity firm said it expects revenue in a range of $66.8 million to $67.3 million vs. estimates of $66.9 million.

Shares in the provide of security vulnerability management services were unchanged in after-hours trading in the stock market today.

 

The post Qualys Earnings Top Estimates, Guidance In-Line With Expectations appeared first on Investor's Business Daily.

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