Welcome to our dedicated page for Qualys news (Ticker: QLYS), a resource for investors and traders seeking the latest updates and insights on Qualys stock.
Qualys, Inc. (NASDAQ: QLYS) is a cloud-based security, compliance and IT solutions provider whose news flow reflects developments in cyber risk management, platform innovation and financial performance. Founded in 1999 as one of the first SaaS security companies and based in Foster City, California, Qualys serves more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100.
The QLYS news stream typically features quarterly earnings announcements, where the company reports revenues, profitability metrics and guidance, often accompanied by Form 8-K filings under Item 2.02, “Results of Operations and Financial Condition.” These releases also highlight business milestones such as new capabilities in the Enterprise TruRisk Platform, Enterprise TruRisk Management (ETM) and Agentic AI-powered Risk Operations Center.
Investors and security professionals can follow updates on platform enhancements, including identity risk posture management via ETM Identity, contextual threat intelligence through TruLens, exploit validation with TruConfirm, and expansions of TotalAI and cloud-native application protection. News items also cover regulatory and public sector achievements, such as FedRAMP High Authorization for the Qualys Government Platform, as well as analyst recognitions and industry awards across areas like CNAPP, exposure management, patch management and attack surface management.
Corporate governance and strategic direction are reflected in announcements about board appointments, executive leadership roles and participation in investor conferences hosted by firms such as UBS and Canaccord Genuity. For users tracking QLYS, this news page offers a focused view of how Qualys evolves its Enterprise TruRisk Platform, deepens partnerships with major cloud providers and managed service partners, and positions itself within the broader cybersecurity and compliance landscape.
Qualys, Inc. (NASDAQ: QLYS) reported a strong performance for Q2 2020, with revenues reaching $88.8 million, a 13% increase year-over-year. The company achieved a GAAP net income of $26.3 million or $0.64 per diluted share, marking a significant improvement from $16.2 million in Q2 2019. Non-GAAP net income also rose to $30.3 million or $0.74 per diluted share. Adjusted EBITDA soared by 28% to $42.8 million. Qualys registered strong demand for its cloud-based cybersecurity solutions, particularly amidst the challenges posed by COVID-19.
Qualys, Inc. (NASDAQ: QLYS) has expanded its partnership with Ivanti to integrate Ivanti's Patch Management technology into its VMDR platform. This integration enables users to patch MacOS systems and over 70 third-party applications directly through Qualys VMDR, enhancing endpoint security. Qualys VMDR automates vulnerability management, allowing organizations to respond rapidly to security threats. The Ivanti patch catalog secures over 180 million endpoints globally and supports hybrid IT environments, facilitating seamless operations for remote workers.
Qualys, Inc. (NASDAQ: QLYS) announced the launch of its Multi-Vector EDR, a new Endpoint Detection and Response solution that enhances security by providing comprehensive visibility into cyber threats beyond just endpoints. This solution integrates various security indicators, utilizing the Qualys Cloud Platform to automate threat response and reduce false positives. Additionally, the company acquired the software assets of Spell Security to improve threat research and endpoint behavior detection. Multi-Vector EDR is currently in beta for Windows, with a general release expected in late Q3 2020.
Qualys (NASDAQ: QLYS) has acquired the software assets of Spell Security, enhancing its capabilities in endpoint detection and response. This acquisition aims to bolster Qualys' security research and endpoint behavior detection, integrating advanced threat hunting techniques. Notable technology improvements include rich telemetry, incident investigation tools, and better visibility into malicious activities. Key employees from Spell, including founder Rajesh Mony, have joined Qualys to facilitate the integration of their innovative solutions into the Qualys Cloud Platform, promising stronger defenses against multi-vector threats.
Qualys (NASDAQ: QLYS) has launched a 60-day pilot program offering its Remote Endpoint Protection to U.S. federal agencies at no cost. This initiative allows agencies to enhance their security for teleworking environments by leveraging the Qualys Agent which provides real-time vulnerability assessments, malware detection, and patch management.
The solution is designed to minimize bandwidth usage on VPNs and supports Microsoft Windows 7 and above. Qualys aims to support federal organizations in maintaining robust security during increased remote work.
Qualys, Inc. (NASDAQ: QLYS) announced the appointment of John Zangardi to its Board of Directors on June 16, 2020. Zangardi brings extensive digital transformation expertise, having led multi-cloud strategies at various government agencies including the DHS and DOD. His role is expected to enhance Qualys' cloud security initiatives. Company Chairman Philippe Courtot expressed confidence in Zangardi's ability to provide valuable insights as Qualys aims to innovate its security solutions amidst evolving threats. Qualys serves over 15,700 customers globally, including major corporations.