Qualys Announces Fourth Quarter and Full Year 2020 Financial Results

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Qualys (QLYS) Tops Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY21 EPS/Revenue Guidance Below Consensus

February 10, 2021 4:34 PM EST

Qualys (NASDAQ: QLYS) reported Q4 EPS of $0.71, $0.01 better than the analyst estimate of $0.70. Revenue for the quarter came in at $94.8 million versus the consensus estimate of $94.62 million.

"We are pleased to finish 2020 with continued adoption of our Vulnerability Management, Detection and Response (VMDR®) application and Cloud Agent subscriptions with approximately 56 million agents purchased. This year we delivered an impressive suite of new applications to our Qualys Cloud Platform, including VMDR, Multi-Vector EDR, and Runtime Container Security, while producing record margins. Additionally, we are excited about our upcoming XDR offering as it presents a... More