Baird Downgrades Qualys (QLYS) to Neutral
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Qualys, Inc. Announces First Quarter 2016 Financial Results
May 2, 2016 4:15 PM EDTREDWOOD CITY, CA -- (Marketwired) -- 05/02/16 -- Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced financial results for the first quarter ended March 31, 2016. For the quarter, the Company reported record revenues of $46.2 million, GAAP net income of $4.8 million, non-GAAP net income of $8.0 million, adjusted EBITDA of $16.1 million, GAAP earnings per diluted share of $0.13 and non-GAAP earnings per diluted share of $0.21.
"Our strong fiscal first quarter results were driven by continued growth of customer and partner commitments to our pure SaaS security and... More
