The Zacks Security industry is experiencing robust demand for cybersecurity products, driven by the increasing need for secure networks and cloud-based applications, especially with the rise of hybrid work environments. This surge in demand is largely due to a significant increase in data breaches, prompting companies to seek comprehensive IT security solutions. Additionally, the growing need for privileged access security, fueled by digital transformation and cloud migration strategies, is further boosting ...

Michael Vi Qualys (NASDAQ:QLYS), a cybersecurity company focused mainly on vulnerability management, is a "compounder" that I hardly ever see anyone talk about. The stock has been unloved lately, now down 39% from its all-time high. However, Qualys possesses superb business characteristics, such as steady growth, high profitability metrics, and a strong balance sheet. Although it is facing some headwinds (slowing revenue growth and reduced revenue guidance), I believe that the long-term potential remains in ...

It has been about a month since the last earnings report for Qualys (QLYS) . Shares have lost about 1.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Qualys due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Qualys Q2 Earnings Beat Estimates, Revenues Rise Y/Y Qu ...

Qualys (QLYS) , a prominent player in the cybersecurity space, has plunged 36.3% year to date after reaching its all-time high in December 2023. The Zacks Security industry in which the stock belongs has declined 11.9% year to date. After reaching all-time highs, its continuous decline raises the question: is it time to buy, hold, or sell? Image Source: Zacks Investment Research What Triggered Qualys' Decline? The underperformance of Qualys' shares can be attributable to highly volatile market conditions am ...

The bulls are back in control of the stock market. The S&P 500 and the Nasdaq are trading above their 21-day and 50-day moving averages following the massive two-week comeback. There could be more selling and volatility ahead considering that stocks like Nvidia soared over 30% in the blink of an eye. No matter what happens in the short term, the bulls are in the driver's seat as they look ahead to robust, techdriven earnings growth and interest rate cuts. The Fed's July minutes appeared to lock in the start ...

Investors might want to bet on Qualys (QLYS) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnings ...

Qualys (QLYS) posted mixed second-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. However, both top and bottom lines marked a significant year-over-year improvement. The company reported non-GAAP earnings of $1.52 per share, which beat the Zacks Consensus Estimate of $1.31. Qualys' second-quarter non-GAAP earnings also came well ahead of its previous guidance of $1.27-$1.35 per share. The bottom line increased 19.7% from the year-ago quarter's earn ...

Investor Presentation Security and Compliance for the Digital Transformation Sumedh Thakar, President and CEO Joo Mi Kim, CFO August 6, 2024 Safe harbor This presentation includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this presentation include, but are not limited to, the following list: - our business and financial performance a ...

Qualys, Inc. (NASDAQ:QLYS) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Corporate Participants Blair King - VP, IR & Corporate Development Sumedh Thakar - President and Chief Executive Officer Joo Mi Kim - Chief Financial Officer Conference Call Participants Joel Fishbein - Truist Shrenik Kothari - Baird Matt Hedberg - RBC Kingsley Crane - Canaccord Genuity Jonathan Ho - William Blair Rudy Kessinger - DA Davidson Brian Essex - JPMorgan Hamza Fodderwala - Morgan Stanley Operator Good day and t ...

Qualys (QLYS) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.03%. A quarter ago, it was expected that this maker of security-analysis software would post earnings of $1.31 per share when it actually produced earnings of $1.45, delivering a surprise of 10.69%. Over the last four qu ...