Qualys, Inc. - QLYS STOCK NEWS

Qualys (NASDAQ: QLYS) reported the identification of 7.54 million vulnerabilities linked to FireEye Red Team tools and compromised SolarWinds Orion software. This was revealed through their 15,700 global customer base. Most vulnerabilities, 5.29 million unique assets, are associated with FireEye tools, with 99.84% stemming from eight patchable Microsoft vulnerabilities. To mitigate these risks, Qualys is offering a 60-day free access to its Vulnerability Management services, emphasizing their capabilities in real-time threat detection and response.

Qualys, Inc. (NASDAQ: QLYS) announced on December 7, 2020, the launch of a new Cloud platform in the UAE, enhancing its global presence across nine locations. The platform supports local compliance regulations, including the Abu Dhabi Systems and Information Centre's Information Security Policy. It enables real-time visibility across hybrid environments and automatically creates a comprehensive Global IT Asset Inventory. Qualys caters to over 15,700 customers worldwide, focusing on integrated IT security and compliance solutions.

Qualys, Inc. (NASDAQ: QLYS) has partnered with Deloitte Hong Kong to enhance cyber services through the integration of Qualys Cloud Platform and its applications, including VMDR and Multi-Vector EDR. This collaboration aims to provide clients with comprehensive vulnerability and threat management solutions, ensuring 24/7 protection against cyber threats. Key features include vulnerability assessment, threat prioritization, and incident response, allowing for quicker remediation of vulnerabilities across hybrid IT environments. Qualys continues to lead in cloud-based security solutions, serving over 15,700 active customers globally.

Qualys, Inc. (NASDAQ: QLYS) announced an integration of its CloudView app into Armor Anywhere, enhancing cloud security and compliance solutions. This partnership allows clients to inventory and assess the security of public cloud services according to regulatory standards like NIST and FEDRAMP. The integration builds on existing collaboration, with Qualys Cloud Agents already embedded in Armor's platform. Armor's CEO stated that this will accelerate compliance outcomes, while Qualys' CEO emphasized improved visibility into public cloud services for effective risk management.

Qualys, Inc. (NASDAQ: QLYS) announced a collaboration with Google Cloud to integrate automated security scans for its Container Security solution with Google Cloud's Artifact Registry. This integration allows security and DevOps teams to assess container artifacts for vulnerabilities and misconfigurations across multiple regions. Customers can utilize the Qualys security posture API for automated security workflows in Google Cloud Build, enhancing their software delivery process. This partnership aims to improve security in DevOps pipelines by providing seamless container management and security features.

Qualys, a leader in cloud-based IT security, will engage with investors through one-on-one meetings at two upcoming conferences. CFO Joo Mi Kim and VP Vinayak Rao will participate in the Stifel's 2020 Virtual Midwest One-on-One Growth Conference on November 11, 2020, and the Nasdaq's 43rd Virtual Investor Conference on December 2, 2020, at 5:00 p.m. GMT. A live webcast will be available during the fireside chat on the Qualys investor relations page, with a replay following the event. Qualys serves over 15,700 customers worldwide, enhancing IT security and compliance solutions.

Qualys reported strong third-quarter results for 2020, with revenues rising 13% year-over-year to $93.1 million. The net income under GAAP was $22.7 million, or $0.56 per diluted share, reflecting an increase from $19.2 million in Q3 2019. Non-GAAP net income reached $31.4 million, or $0.77 per diluted share. The company's growth is driven by increased adoption of its VMDR application and Cloud Agent subscriptions, totaling approximately 50 million agents. Adjusted EBITDA rose 17% to $45.1 million, signifying robust operational efficiency as they prepare to launch new security solutions.

On November 4, 2020, Qualys (NASDAQ: QLYS) announced its new Container Runtime Security solution, enhancing security for containerized applications. This lightweight tool integrates into container images, offering policy-driven monitoring and blocking of runtime behaviors. Key features include critical file access monitoring, network micro-segmentation, and vulnerability mitigation without needing additional administration containers. The solution aims to streamline security across various platforms, including Docker and Kubernetes, enabling companies to maintain robust security measures throughout their development pipeline.

Qualys (NASDAQ: QLYS) announced an expansion of its integration with Microsoft Azure Arc, allowing customers to conduct vulnerability scanning on both on-premises and multi-cloud servers. By combining Qualys Vulnerability Management with Azure Defender, clients can now perform a one-click vulnerability assessment on non-Azure machines. This new built-in feature is available at no additional cost to Azure Defender for servers' customers. This collaboration aims to enhance security for hybrid cloud environments.