Reports Q2 revenue $164.1M, consensus $161.26M. “In Q2, we executed well against our strategic agenda, delivering solid revenue growth and profitability,” said Sumedh Thakar, Qualys (QLYS)’ president and CEO. “Qualys is well armed with fresh new capabilities, a new agency authorized FedRAMP High solution for government wide use, strong channel momentum, and flexible platform pricing to help customers unify pre-breach cyber risk management workflows, reduce costs, and address today’s toughest security challenges. With trusted innovation and early Risk Operations Center adoption, we’re strengthening our position as the partner of choice for customers ready to centralize their response to cyber risk; and believe we are well positioned to outpace our competitors, extend our thought leadership, and build upon an already strong foundation to drive durable long-term growth in the business.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QLYS:
- QLYS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Private Markets: Cognition in talks to raise funds at $10B valuation
- Cautious Outlook on Qualys Amid Market Challenges and Stagnant Growth Potential
- IRIB says Israel launches cyberattack against Iran, Bloomberg reports
- Qualys Annual Meeting Approves Key Amendments