Qualys (QLYS) Tops Q1 EPS by 2c, Offers Q2 & FY Guidance

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Qualys Announces First Quarter 2017 Financial Results

May 2, 2017 4:15 PM EDT

REDWOOD CITY, Calif., May 2, 2017 /PRNewswire/ -- 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, 2017. For the quarter, the Company reported revenues of $53.1 million, GAAP net income of $21.9 million, non-GAAP net income of $8.0 million, Adjusted EBITDA of $16.8 million, GAAP earnings per diluted share of $0.56 and non-GAAP earnings per diluted share of $0.20.

"We started 2017 with a strong first quarter including expanding our market opportunity with additional solutions that we introduced at the RSA... More