Qualys: 2Q Earnings Snapshot

Associated Press
Updated ·1 min read

FOSTER CITY, Calif. (AP) _ Qualys Inc. (QLYS) on Monday reported second-quarter net income of $26.3 million.

The Foster City, California-based company said it had profit of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 74 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The maker of security-analysis software posted revenue of $88.8 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $88.4 million.

For the current quarter ending in October, Qualys expects its per-share earnings to range from 40 cents to 42 cents.

The company said it expects revenue in the range of $91.6 million to $92.2 million for the fiscal third quarter.

Qualys expects full-year earnings in the range of $2.60 to $2.65 per share, with revenue ranging from $359 million to $360.5 million.

Qualys shares have increased 35% since the beginning of the year. In the final minutes of trading on Monday, shares hit $112.87, a climb of 34% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLYS at https://www.zacks.com/ap/QLYS