Qualys Announces First Quarter 2021 Financial Results
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Qualys (QLYS) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q & FY21 EPS/Revenues Guidance Above Consensus
May 5, 2021 5:30 PM EDTQualys (NASDAQ: QLYS) reported Q1 EPS of $0.74, $0.06 better than the analyst estimate of $0.68. Revenue for the quarter came in at $96.76 million versus the consensus estimate of $95.19 million.
"In the quarter, we continued to experience strong adoption of our Vulnerability Management, Detection and Response (VMDR®) application with paid Cloud Agent subscriptions growing approximately 58% year-over-year to 61 million deployed. As organizations continue to look for solutions to not only identify risk but also mitigate it quickly, we believe that VMDR is taking detection and response actions to the next level while setting a gold standard in the... More
