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 pioneer and leading provider of cloud-based security and compliance solutions, serving over 10,300 customers in more than 130 countries, including a majority of the Forbes Global 100 and Fortune 100. Founded in 1999 and headquartered in Foster City, California, Qualys offers a comprehensive cloud platform that consolidates security and compliance solutions into a single, integrated platform. This helps organizations streamline their digital transformation initiatives for greater agility, better business outcomes, and substantial cost savings.
The Qualys Cloud Platform and its integrated cloud applications deliver continuous security intelligence, enabling businesses to automate the full spectrum of auditing, compliance, and protection for IT systems and web applications across on-premises environments, endpoints, and elastic clouds. Key products include Qualys Vulnerability Management, Detection and Response (VMDR), TotalCloud, and TruRisk.
Recent achievements highlight Qualys' strategic partnerships and expansions. For instance, Qualys' suite of security solutions is now natively integrated with Oracle Cloud Infrastructure (OCI). This partnership enhances the OCI Vulnerability Scanning Service-integrated Qualys experience, allowing Oracle customers to access Qualys solutions directly via the Oracle Cloud Marketplace.
Qualys also reported strong financial performance recently, with Q1 2024 revenues of $145.8 million and a GAAP net income of $39.7 million. Their financial guidance for Q2 2024 predicts revenues between $147.5 million and $149.5 million, reflecting steady growth.
Additionally, Qualys continues to innovate and expand its product offerings. The recent launch of CyberSecurity Asset Management 3.0 integrates vulnerability assessment with external attack surface management, providing a comprehensive, real-time view of potential risks. This solution helps organizations eliminate false positives and improve their security posture.
Qualys is also making strides in the public sector by enhancing the capabilities of its TruRisk Platform to support federal zero-trust strategies. This involves automated asset visibility and attack surface risk management to comply with federal guidelines.
With its ongoing commitment to innovation and strategic collaborations, Qualys remains a significant player in the cybersecurity and compliance landscape.
On Nov. 2, 2022, Qualys announced its Q3 2022 financial results, reporting a 20% year-over-year revenue growth to $125.6 million. GAAP EPS stood at $0.71, while non-GAAP EPS was $0.94. The company raised its full-year revenue guidance to $488.6-$489.6 million and GAAP EPS guidance to $2.52-$2.54, reflecting strong financial performance. Adjusted EBITDA reached $54.9 million with a 44% margin. However, operating cash flow decreased by 13% to $42.2 million.
Qualys, a leader in cloud-based IT security solutions, will report its Q3 2022 financial results after market close on November 2, 2022. A conference call and webcast to discuss these results will take place at 5:00 p.m. Eastern Time on the same day. With over 10,000 subscription customers, including major corporations, Qualys aims to enhance security automation and compliance through its innovative platform. For more details, visit www.qualys.com.
Qualys, a leader in cloud-based IT security, has acquired Blue Hexagon on October 4, 2022. This acquisition integrates AI/ML technology into the Qualys Cloud Platform, enhancing real-time zero-day threat detection and predictive analytics. The deal allows Qualys to analyze over 10 trillion data points for active vulnerability exploitation and advanced risk mitigation. The transaction was primarily cash-based, with some stock options. All Blue Hexagon employees, including CEO Nayeem Islam, will join Qualys, boosting its capabilities in AI-driven cloud threat detection.
Qualys, Inc. (NASDAQ: QLYS), a leader in cloud-based IT security and compliance solutions, will participate in Citi's 2022 Global Technology Conference on September 8, 2022, at 7:30 a.m. ET. CEO Sumedh Thakar and CFO Joo Mi Kim will conduct one-on-one meetings and engage in a fireside chat. A live webcast of the event will be available on Qualys' investor relations page, with a replay accessible afterward. Qualys serves over 10,000 subscription customers globally, streamlining security and compliance on a single platform.
Qualys, a leader in cloud-based IT security solutions, reported strong second-quarter results for 2022, achieving 20% revenue growth to reach $119.9 million.
GAAP EPS stands at $0.67 and non-GAAP EPS at $0.89. The company raises its 2022 revenue guidance to $488-$489.5 million and GAAP EPS guidance to $2.39-$2.44, while non-GAAP EPS guidance is increased to $3.50-$3.55. Despite a 38% decline in operating cash flow, growth in gross profit and operating income remains robust.
Qualys (NASDAQ: QLYS) has launched External Attack Surface Management (EASM) capabilities within its CyberSecurity Asset Management 2.0 platform to enhance security for enterprises. This integration allows for continuous detection of unknown internet-facing assets and improves the overall risk posture by providing insights from an external attacker's viewpoint. Organizations can now synchronize their data, identify vulnerabilities, and prioritize remediation efforts through automated workflows. The solution is available to current customers in preview and will be fully launched by mid-September.
Qualys, Inc. (NASDAQ: QLYS) is set to lead multiple speaking sessions at Black Hat 2022 and DEF CON 30, aiming to enhance IT, security, and compliance via its unified cloud platform. Key highlights include enhanced VMDR 2.0, which reportedly helps reduce risk by 23% to 50%, and CyberSecurity Asset Management 2.0, enabling continuous external attack surface monitoring. Qualys will showcase its innovative solutions and share best practices from leading customers, including Euronet Worldwide. The company has over 10,000 subscription customers globally and emphasizes automation and agility in security solutions.
Qualys (NASDAQ: QLYS) will release its second quarter 2022 financial results on August 8, 2022, after market close. The company will hold a conference call and live webcast at 5:00 p.m. Eastern Time on the same day to discuss the results. Qualys is a leading provider of cloud-based security, compliance, and IT solutions, serving over 10,000 subscription customers, including major Fortune 100 companies. The Qualys Cloud Platform enables automated security intelligence and vulnerability management across various IT environments.
Qualys, Inc. (NASDAQ: QLYS) has launched VMDR 2.0, a cloud-based solution enhancing vulnerability management with a drag-and-drop interface for prioritizing threats. The update addresses the doubling of disclosed vulnerabilities over five years and the challenge of cyber talent shortages. Customers utilizing the new TruRisk capability reported up to a 50% reduction in risk while managing 28% fewer critical vulnerabilities. The solution integrates tightly with ITSM tools like ServiceNow, enabling streamlined operations. VMDR 2.0 will be available for free trials in late June.
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