Qualys (QLYS) Tops Q2 EPS by 3c; Bumps Low End of FY EPS Guidance
Qualys (NASDAQ: QLYS) reported Q2 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $48.5 million versus the consensus estimate of $48.01 million.
"We are pleased to report another solid quarter for Qualys. With another period of top line growth in excess of 20%, we are raising the bottom end of our guidance range for the year. We are also seeing tremendous adoption of our disruptive cloud agent platform," said Philippe Courtot, President and CEO of Qualys. "The Qualys Cloud Platform now consolidates ten enterprise-strength security solutions, giving customers unprecedented visibility and intelligence about all their IT assets at a lower total cost of ownership than legacy point solutions and we believe is driving significant market share gains for Qualys."
GUIDANCE:
Qualys sees Q3 2016 revenue of $50.3-51 million, versus the consensus of $50.5 million.
Qualys sees FY2016 EPS of $0.75-$0.79, versus prior guidance of $0.74-$0.79 and the consensus of $0.79. Qualys sees FY2016 revenue of $197.1-198.6 million, versus the consensus of $197.5 million.
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