Overview
Qualys Q3 revenue grows 10% yr/yr to $169.9 mln, beating analyst expectations
Adjusted EPS for Q3 at $1.86, surpassing consensus estimates
Company raises 2025 revenue guidance to $665.8-$667.8 mln, reflecting growth confidence
Outlook
Qualys raises 2025 revenue guidance to $665.8-$667.8 mln
Company expects Q4 2025 revenue between $172 mln and $174 mln
Qualys sees Q4 2025 GAAP EPS of $1.26 to $1.33
Result Drivers
STRATEGIC WINS - Co cites strategic wins with federal and state agencies as a key driver of Q3 performance
FEDRAMP AUTHORIZATION - Co received FedRAMP High Authorization for its GovCloud Platform, expanding support for government agencies
PLATFORM PRICING MODEL - Adoption of flexible platform pricing model contributed to Q3 growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $169.90 mln | $166.30 mln (20 Analysts) |
Q3 Adjusted EPS | Beat | $1.86 | $1.56 (21 Analysts) |
Q3 EPS | $1.39 | ||
Q3 Adjusted Net Income | Beat | $67.40 mln | $56.78 mln (20 Analysts) |
Q3 Adjusted EBITDA | Beat | $82.60 mln | $70.09 mln (14 Analysts) |
Q3 Adjusted Operating Income | Beat | $80 mln | $65.70 mln (20 Analysts) |
Q3 Adjusted Gross Margin | 85% | ||
Q3 Adjusted Gross Profit | $144.90 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 16 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Qualys Inc is $145.00, about 13.7% above its November 3 closing price of $125.12
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nPn93sbp1a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)