Qualys Inc (QLYS) Releases Earnings Results, Beats Expectations By $0.06 EPS

Qualys Inc (QLYS) reported quarterly earnings results on Monday, May-2-2016. The company said it had a profit of $0.21 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $0.15. The company posted revenue of $46.20 million in the period, compared to analysts expectations of $45.09 million. The company’s revenue was up 23.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on Qualys Inc. Wunderlich Downgraded Qualys Inc on Mar 7, 2016 to ” Hold”, Price Target of the shares are set at $26.Shares were Reiterated by Imperial Capital on Feb 10, 2016 to “Outperform” and Lowered the Price Target to $ 30 from a previous price target of $49 .Shares were Reiterated by Wunderlich on Feb 9, 2016 to “Buy” and Lowered the Price Target to $ 26 from a previous price target of $45 .

Qualys Inc opened for trading at $25.24 and hit $25.47 on the upside on Wednesday, eventually ending the session at $25.37, with a gain of 0.63% or 0.16 points. The heightened volatility saw the trading volume jump to 1,74,967 shares. Company has a market cap of $874 M.

In a different news, on Dec 15, 2015, Donald C Mccauley (Chief Financial Officer) sold 25,000 shares at $35.14 per share price. According to the SEC, on Nov 24, 2015, Sumedh S Thakar (Chief Product Officer) sold 1,951 shares at $38.09 per share price. On Jul 8, 2015, Amer Deeba (VP Corp Dev & Strat Alliances) sold 2,000 shares at $37.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Qualys Inc. is a provider of cloud security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures help protect their IT systems and applications from cyber attacks. Its suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables its customers to identify their IT assets collect and analyze IT security data discover and prioritize vulnerabilities recommend remediation actions and verify the implementation of such actions. It provides its solutions through a software-as-a-service model. Its QualysGuard Cloud Suite includes seven solutions: Vulnerability Management Policy Compliance Payment card industry (PCI) Compliance Web Application Scanning Malware Detection Service Web Application Firewall and Qualys SECURE Seal.

Qualys Inc

Leave a Reply

Qualys Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Qualys Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.