Qualys Inc Stock Price, News & Analysis

Qualys has announced significant updates to its TotalAI solution, enhancing security for organizations' MLOps pipeline from development to deployment. The expanded platform now offers comprehensive testing of large language models (LLMs) with on-premises scanning capabilities.

Key enhancements include:

• Internal LLM scanner for secure testing during development
• Detection of 40 different attack scenarios
• Protection against cross-modal exploits in images, audio, and video
• Automatic risk prioritization through TruRisk scoring engine

The update addresses critical security concerns, as 72% of CISOs worry about potential security breaches from generative AI solutions. TotalAI maps findings to MITRE ATLAS and focuses on detecting vulnerabilities like jailbreak techniques, prompt injections, and bias amplification. The solution is now available with a 30-day trial option.

Qualys (NASDAQ: QLYS) has announced Policy Audit, an enhancement to its policy compliance solution, designed to streamline audit processes and ensure continuous compliance readiness. The update focuses on automating evidence collection and prioritizing risk-based remediation.

Key features include:

• Coverage across 450 technologies, 1,000+ out-of-the-box policies, and 90+ frameworks
• Automated mapping to frameworks like PCI DSS 4.0, DORA, NIST, CMMC, and FedRAMP
• Reduction in audit failure rates by up to 95%
• Cost reduction of audit processes by 50%

Additionally, Qualys introduced Audit Fix, an optional feature that proactively repairs audit findings using pre-defined scripts and golden policies integrated into CI/CD pipelines. The Policy Audit solution will be available in Q2.

Qualys (NASDAQ: QLYS), a cloud-based IT, security and compliance solutions provider, has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close.

The company will host a conference call and live webcast at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day to discuss the quarterly results. The event will include an investor presentation and prepared remarks, accessible through the investor relations website.

Qualys (NASDAQ: QLYS) reported strong financial results for Q4 and full year 2024. Q4 revenues increased 10% year-over-year to $159.2 million, with GAAP net income of $44.0 million ($1.19 per diluted share) and non-GAAP net income of $59.4 million ($1.60 per diluted share).

For full year 2024, revenues grew 10% to $607.6 million, with GAAP net income reaching $173.7 million ($4.65 per diluted share) and non-GAAP net income of $229.0 million ($6.13 per diluted share). The company maintained strong margins with a GAAP gross margin of 82% and non-GAAP gross margin of 83%.

Notable achievements include the launch of the Risk Operations Center with Enterprise TruRisk Management and impressive MITRE ATT&CK results for their EDR solution. The company also announced a $200 million increase to its share repurchase program.

Qualys (NASDAQ: QLYS) has launched the Managed Risk Operations Center (mROC) Partner Alliance, enabling select partners to expand revenue streams through comprehensive cyber risk management services. The initiative, powered by Qualys Enterprise TruRisk™ Management (ETM), helps partners offer advisory, onboarding, integration, and remediation services through a unified managed service.

The mROC Partner Alliance addresses the challenge of managing scattered risk findings across different tools by consolidating diverse risk insights into a unified view. The program quantifies cyber risk in terms of Business Value at Risk and provides automated risk reduction solutions. Partners can offer four key services: Cyber Risk Advisory, Onboarding and Integration, Continuous Risk Monitoring, and Risk Remediation Services.

Partners benefit from revenue growth opportunities within Qualys' existing customer base, free training, and enablement resources, including product training, roadmap discussions, and technical guidance.

Qualys (NASDAQ: QLYS) has announced TotalAppSec, a new AI-powered application risk management solution launching in Q1 2025. The platform integrates API security, web application scanning, and AI-driven malware detection into a unified solution for monitoring and mitigating cyber risks across on-premises, hybrid, and multi-cloud environments.

TotalAppSec leverages the Qualys Enterprise TruRisk™ Platform to discover known, unknown, and shadow web applications and APIs, detect critical vulnerabilities including OWASP Top 10, and utilize deep learning algorithms for malware detection. The solution addresses the growing security challenges highlighted in the 2024 Verizon DBIR Report, which indicates web applications as the primary entry point for breaches, with 68% involving human elements and 32% utilizing ransomware attacks.

Key features include auto-discovery of applications and APIs, risk-based prioritization using Qualys TruRisk™, AI-powered scanning, and seamless integration with CI/CD pipelines and ITSM systems like ServiceNow and JIRA.

Qualys (NASDAQ: QLYS), a cloud-based IT, security and compliance solutions provider, has announced it will release its fourth quarter 2024 financial results after market close on February 6, 2025. The company will host a conference call and live webcast at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day to discuss the results. Investors can access the conference call through registration, while the webcast, investor presentation, and prepared remarks will be available at the company's investor relations website. A replay of the conference call will be accessible through the same webcast link after the event.

Mulberri and Qualys (NASDAQ: QLYS) have announced a collaboration to provide exclusive cyber insurance discounts for eligible Qualys customers. The initiative targets SMEs, who face increasing cyberattacks affecting 68% of organizations annually. The partnership offers comprehensive coverage including protection against data breaches, ransomware, and network interruptions, with a streamlined application process requiring just one underwriting question. Through Qualys' Risk Operations Center (ROC) and Enterprise TruRisk Management, the collaboration aims to transform cyber insurance underwriting by providing real-time risk assessment capabilities.

Qualys (NASDAQ: QLYS) has announced its management's participation in the upcoming UBS' Global Technology and AI Conference. President and CEO Sumedh Thakar and CFO Joo Mi Kim will engage in a fireside chat on December 3, 2024, at 8:15am MST in Scottsdale, Arizona. They will also host one-on-one meetings with interested investors.

The fireside chat will be available via live webcast on the Qualys investor relations page, with a replay accessible afterward at the same location.