Qualys Announces First Quarter 2020 Financial Results

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Qualys (QLYS) Tops Q1 EPS by 5c

May 7, 2020 4:57 PM EDT

Qualys (NASDAQ: QLYS) reported Q1 EPS of $0.65, $0.05 better than the analyst estimate of $0.60. Revenue for the quarter came in at $86.3 million versus the consensus estimate of $85.79 million.

"We are pleased to report another good quarter with accelerated growth in Qualys Cloud Agent subscriptions and strong adoption of our Vulnerability Management, Detection and Response (VMDR) app. Our results reflect the strategic importance of our robust cloud platform for continuously securing and monitoring hybrid environments and remote workforces as well as the expansion of our... More