Qualys (QLYS) shares surged 9.28% in after-hours trading on Tuesday, following the release of strong second-quarter financial results that handily beat Wall Street expectations and an upward revision to the company's full-year outlook.

The cloud security provider reported Q2 adjusted earnings per share of $1.98, surpassing the analyst consensus estimate of $1.78 by 11.24% and marking a 17.86% year-over-year increase. Revenue came in at $182.2 million, exceeding the $178.6 million estimate. The company also raised its full-year 2026 revenue guidance to $732 million to $738 million, up from the prior range of $721 million to $727 million, and lifted its GAAP EPS forecast to $5.76 to $5.90 from $5.40 to $5.61.

Management attributed the strong quarterly performance to ongoing innovation in AI-enabled security solutions, a growing federal pipeline of new business opportunities, and robust partner-led execution. The results mark consecutive quarters of outperformance for Qualys, reinforcing investor confidence in the company's growth trajectory and its positioning within the competitive cybersecurity landscape.