Qualys, Inc. - QLYS STOCK NEWS

Qualys (NASDAQ: QLYS) has been awarded the Best Vulnerability Management Solution at the 2024 SC Awards Europe for the second consecutive year. The accolade recognizes their Vulnerability Management, Detection and Response (VMDR) solution, which proactively identifies and mitigates vulnerabilities. The SC Awards praised Qualys VMDR for its holistic approach and strong application in the market. The solution has also been recognized at the 2023 SC Awards Europe and the 2022 SC Media Awards in the U.S.

Greg Coutouvidis from Centrica highlighted the effectiveness of VMDR with TruRisk, noting its ability to prioritize high-risk vulnerabilities using lightweight cloud agents. Chief Product Officer Pinkesh Shah expressed pride in the achievement, reflecting Qualys' commitment to protecting organizations from cyber threats.

Qualys has announced enhancements to its Enterprise TruRisk Platform, aimed at supporting federal agencies' zero-trust implementation in compliance with OMB M-24-04 and CISA BOD 23-01 guidelines. The platform now integrates External Attack Surface Monitoring, risk-based vulnerability management, and patch management into a single, FedRAMP-authorized solution. This update helps agencies achieve real-time visibility and automated compliance, focusing on asset discovery, vulnerability assessment, and risk prioritization. The new solutions aim to address the 31% of unknown assets and the 45% of assets with undefined criticality in agencies.

These enhancements allow organizations to discover and manage both known and unknown attack surfaces, streamline vulnerability remediation, and fast-track zero-trust strategies. They also offer seamless integration for compliance with FISMA's broader risk assessment and remediation requirements.

Qualys is hosting a Public Sector Cyber Risk Conference in Washington D.C. to further discuss these improvements.

Qualys, Inc. (NASDAQ: QLYS) will be participating in William Blair's 44th Annual Growth Stock Conference where the president, CEO, and CFO will host one-on-one meetings and a fireside chat in Chicago on June 5, 2024. The event will feature a live webcast accessible on the Qualys investor relations page and a replay will be available post-event.

Qualys, Inc. announced its first-quarter 2024 financial results, showcasing a 12% year-over-year revenue growth. The company reported impressive GAAP EPS of $1.05 and Non-GAAP EPS of $1.45, raising its 2024 GAAP EPS guidance to $3.26-$3.50 and Non-GAAP EPS guidance to $5.06-$5.30. With strong profitability and continuous innovation, Qualys positioned itself as a leader in risk management, offering advanced solutions to eliminate cyber risk. The company's financial highlights include revenue growth, increased gross profit, operating income, net income, adjusted EBITDA, and operating cash flow.

Qualys, Inc. (NASDAQ: QLYS) has launched CyberSecurity Asset Management 3.0, an expansion of the Enterprise TruRisk Platform. This update provides cybersecurity teams with an accurate, real-time view of the external attack surface, reducing false positives and mitigating risks. The release introduces an EASM engine, passive sensing for IoT and rogue devices, and third-party API-based connectors. It consolidates asset discovery, enhances attack surface coverage, and enables organizations to gain precise insights, reduce false positives, and eliminate unknown assets in real-time.

Qualys, Inc. announced the launch of its Managed Security Services Partner (MSSP) Portal to streamline partner operations. This portal aims to enhance partner management processes, improve operational efficiencies, and increase revenue opportunities. With nearly 50 partners onboarded, the portal offers enhanced user access experience, streamlined management for quick decisions, and increased efficiency from automated workflows. The MSSP market is growing, reaching $68.3 billion in 2028, driving the demand for cybersecurity outsourcing.

Qualys, Inc. (QLYS) will announce its first quarter 2024 financial results on May 7, 2024. The company, known for its cloud-based IT, security, and compliance solutions, will host a conference call and webcast to discuss the results.

Qualys, Inc. launches a free service to help organizations de-risk their business and align with UK NCSC guidelines. The service offers personalized risk perspectives and remediation plans, aligning with a 5-day risk mitigation timeline. Qualys aims to streamline asset discovery, prioritize vulnerabilities, and accelerate patching timelines to safeguard businesses.

Qualys, Inc. (QLYS) reported a 13% revenue growth in 2023, with Q4 revenue growing by 10% year-over-year. The GAAP EPS for 2023 was $4.03, and the non-GAAP EPS was $5.27. The company also announced a $200 million increase to its share repurchase program. Qualys showcased innovation and leadership at its annual Qualys Security Conference and released new offerings for small-to-medium-sized businesses. The company's financial performance outlook for 2024 looks promising.