Qualys (NASDAQ:QLYS – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.280-1.360 for the period, compared to the consensus estimate of 1.270. The company issued revenue guidance of $149.8 million-$151.8 million, compared to the consensus revenue estimate of $153.7 million. Qualys also updated its FY 2024 guidance to 5.460-5.620 EPS.
Qualys Trading Up 1.4 %
NASDAQ QLYS traded up $1.79 during midday trading on Thursday, hitting $127.13. The company had a trading volume of 548,916 shares, compared to its average volume of 456,895. Qualys has a twelve month low of $121.64 and a twelve month high of $206.35. The company has a market capitalization of $4.70 billion, a PE ratio of 29.43 and a beta of 0.49. The firm has a 50-day moving average price of $139.97 and a 200-day moving average price of $157.11.
Qualys (NASDAQ:QLYS – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The software maker reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.20. Qualys had a return on equity of 47.28% and a net margin of 28.48%. The company had revenue of $148.70 million during the quarter, compared to analysts’ expectations of $148.80 million. During the same quarter in the previous year, the firm earned $0.95 EPS. Qualys’s revenue was up 8.4% on a year-over-year basis. On average, equities analysts anticipate that Qualys will post 3.42 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Report on QLYS
Insider Activity at Qualys
In related news, insider Bruce K. Posey sold 1,330 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $145.24, for a total transaction of $193,169.20. Following the sale, the insider now owns 59,616 shares in the company, valued at approximately $8,658,627.84. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Qualys news, Director Wendy Pfeiffer sold 2,000 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $145.72, for a total value of $291,440.00. Following the transaction, the director now owns 8,490 shares in the company, valued at $1,237,162.80. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Bruce K. Posey sold 1,330 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $145.24, for a total value of $193,169.20. Following the completion of the transaction, the insider now owns 59,616 shares in the company, valued at approximately $8,658,627.84. The disclosure for this sale can be found here. Insiders have sold a total of 29,715 shares of company stock worth $4,142,951 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.
Qualys Company Profile
Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.
Featured Stories
- Five stocks we like better than Qualys
- The Significance of Brokerage Rankings in Stock Selection
- Owens-Corning Stock: Good Value or Recession Red Flag?
- What is the Dow Jones Industrial Average (DJIA)?
- Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
- What is the Shanghai Stock Exchange Composite Index?
- Cybersecurity Stock Surges, Promising Double-Digit Gains
Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.