On August 5, Qualys rose 10% in after-hours trading, trading at $177.0/share, with turnover of $3.5046 million.
On the news front, Qualys reported Q2 adjusted earnings per share of $1.98, beating the analyst consensus estimate of $1.78 by 11.24%, representing a 17.86% year-over-year increase. Revenue came in at $182.175 million, surpassing the $178.565 million estimate. This marks consecutive quarters of outperformance, following Q1 adjusted EPS of $1.95 which also exceeded expectations by 8.33%.
Qualys is a leading provider of cloud-based IT security and compliance solutions. Its Enterprise TruRisk Platform delivers a unified security view across IT infrastructure, enabling customers to identify and manage assets, detect vulnerabilities, quantify cyber risk exposure, and implement remediation actions. The company serves enterprises, government entities, and small and medium-sized businesses across multiple industries including financial services, healthcare, technology, and manufacturing.
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