Qualys Announces Second Quarter 2020 Financial Results
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Qualys (QLYS) Tops Q2 EPS by 11c; Raises FY20 EPS/Revenue Guidance Above Consensus
August 10, 2020 4:22 PM EDTQualys (NASDAQ: QLYS) reported Q2 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $88.8 million versus the consensus estimate of $88.15 million.
"The unprecedented shift towards remote working caused by the COVID-19 pandemic has created significant new IT and cybersecurity challenges. With most employees working from home, there has been not only an explosion of remote endpoints accessing organizations' critical assets and data, but also an increase in cyberattacks that are targeting these remote endpoints to exploit vulnerabilities. Qualys is uniquely positioned with its robust scalable cloud platform to... More
