Qualys Inc - QLYS STOCK NEWS

Qualys, Inc. (NASDAQ: QLYS) reported robust financial results for Q4 and full year 2020. Q4 revenues reached $94.8 million, a 12% increase year-over-year, with GAAP net income of $23.8 million or $0.59 per diluted share. Full year revenue rose 13% to $363.0 million, with GAAP net income at $91.6 million. The company announced a $100 million share repurchase program and launched a free 60-day integrated VMDR service to address recent security breaches. They highlighted increased adoption of their VMDR application with approximately 56 million agents purchased.

Qualys, Inc. (NASDAQ: QLYS) announced that CEO Philippe Courtot is taking a leave of absence due to health issues unrelated to COVID-19. Effective February 7, 2021, Sumedh Thakar, the President and Chief Product Officer, has been appointed as interim CEO. The Board emphasized its confidence in Thakar, who has nearly 20 years with Qualys, to continue leading the company. Qualys serves over 19,000 active customers globally, providing cloud-based security and compliance solutions and maintaining strategic partnerships with major cloud providers.

Qualys, Inc. (NASDAQ: QLYS) introduced its new SaaS Detection and Response (SaaSDR) solution, enabling IT and security teams to enhance visibility, security, and compliance of critical SaaS applications. Built on the FedRAMP-authorized Qualys Cloud Platform, SaaSDR automates SaaS security management and supports major apps like Google Workspace and Microsoft Office 365. The platform offers features such as user visibility, access controls, and continuous security assessments. Pricing starts at $20 per user per application. Upcoming enhancements include proactive response capabilities and support for additional applications.

Qualys, Inc. (NASDAQ: QLYS) will announce its fourth quarter and full year 2020 financial results after market close on February 10, 2021. A conference call will follow at 5:00 p.m. ET, accessible via phone or a live webcast. Qualys, a leader in cloud-based IT security and compliance solutions, has over 15,700 active customers globally, including major corporations from the Forbes Global 100 and Fortune 100. They provide integrated security intelligence across various environments, partnering with cloud providers such as AWS and Microsoft Azure.

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.