Qualys Announces Third Quarter 2019 Financial Results

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Qualys (QLYS) Tops Q3 EPS by 13c; Offers Q4 & FY19 EPS Guidance Above Consensus, Q4 & FY19 Revenue Views Below Consensus

October 30, 2019 5:20 PM EDT

Qualys (NASDAQ: QLYS) reported Q3 EPS of $0.66, $0.13 better than the analyst estimate of $0.53. Revenue for the quarter came in at $82.67 million versus the consensus estimate of $82.39 million.

"We are pleased to report another strong quarter with robust growth in Qualys Cloud Agent subscriptions and multi-product adoption. We now have nearly 800 customers using our free groundbreaking Global IT Asset Discovery and Inventory solution, which provides customers real-time visibility of their devices across on-premises, endpoints, cloud, containers and mobile environments in a single-pane-of-glass view. This is very strategic as visibility in the new hybrid computing... More