Qualys Inc - QLYS STOCK NEWS

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.

Qualys, Inc. (NASDAQ: QLYS) has announced its expansion into China by establishing a Private Cloud Platform in partnership with Digital China, the country's largest integrated IT service provider. This collaboration will allow Digital China to manage and resell Qualys' cloud-based IT, security, and compliance solutions. The Qualys Cloud Platform supports applications like VMDR, Multi-Vector EDR, and upcoming Security Analytics, enabling Chinese customers to enhance their security posture and respond to threats effectively. This move aims to broaden Qualys' global reach and solidify its presence in the Chinese market.

Qualys, Inc. (NASDAQ: QLYS) has announced it will report its third quarter 2020 financial results after market close on November 4, 2020. The company will hold a conference call at 5:00 p.m. ET to discuss the results. Qualys, a leader in cloud-based IT security and compliance solutions, serves over 15,700 customers globally, including a majority of the Forbes Global 100 and Fortune 100. The company aims to streamline security and compliance solutions for organizations, contributing to better business outcomes and cost efficiency.

Qualys, Inc. (NASDAQ: QLYS) announced that its VMDR® (Vulnerability Management, Detection and Response) will be integrated into Deloitte Canada's Cyber Risk Services. This partnership allows Deloitte clients to utilize the VMDR app for improved Vulnerability Threat Management (VTM), providing comprehensive visibility across IT environments. Deloitte plans to enhance its offerings with VMDR to help clients quickly identify, assess, prioritize, and remediate critical vulnerabilities. Qualys VMDR app is a cloud-based solution designed for efficient threat response and vulnerability management.

On Sept. 22, 2020, Qualys, Inc. (NASDAQ: QLYS) announced the launch of Qualys Multi-Vector EDR, a cloud-based Endpoint Detection and Response (EDR) solution. This innovative system aims to enhance security by integrating asset management, vulnerability risk management, and EDR through a unified platform. Key features include real-time endpoint discovery, prioritization of suspicious activities, and multi-tiered response capabilities. Qualys targets organizations prioritizing vulnerability management, with support for Linux set for November.

Qualys, Inc. (NASDAQ: QLYS) announces a partnership with Infosys to integrate its VMDR and Multi-Vector EDR solutions into the Cyber Next Platform. This collaboration aims to enhance cybersecurity offerings by providing comprehensive visibility, reducing false positives, and enabling rapid incident response across hybrid IT environments. The Qualys Cloud Platform will support this integration, allowing Infosys clients to leverage advanced functionalities such as Patch Management and File Integrity Monitoring.

Qualys (NASDAQ: QLYS) announced the integration of its Global IT Asset Inventory with ServiceNow's Service Graph and Configuration Management Database (CMDB). This addition to the Service Graph Connector Program aims to provide organizations with reliable asset information across hybrid IT environments, enhancing security and compliance. Key features include continuous two-way synchronization, accurate workflows, and proactive compliance, ensuring a single source of truth for asset management. This integration is available immediately via the ServiceNow App Store, with a 30-day free trial offered to customers.