Qualys (QLYS) reported earnings 30 days ago. What's next for the stock?
After reaching an important support level, Qualys, Inc. (QLYS) could be a good stock pick from a technical perspective. QLYS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
I'm upgrading Qualys, Inc. to a Buy, with quality revenue growth, cost efficiencies, and rising demand from U.S. Federal and international markets. QLYS benefits from a robust platform approach, increased channel partner contributions, and international revenue now making up 44% of total sales. Despite some upsell challenges, QLYS is delivering profitability, strong cash flow, and effective capital allocation via share buybacks.
| Transportation Infrastructure Industry | Industrials Sector | Sumedh S. Thakar CEO | XFRA Exchange | US74758T3032 ISIN |
| US Country | 2,443 Employees | - Last Dividend | - Last Split | 28 Sep 2012 IPO Date |
Qualys, Inc., a global leader in cloud-based security and compliance solutions, empowers organizations across the United States and internationally to strengthen their IT infrastructure. Since its inception in 1999 and headquartered in Foster City, California, Qualys has been at the forefront of innovating security technologies that facilitate comprehensive visibility and protection of IT assets. Its platform, the Qualys' Enterprise TruRisk Platform, integrates a suite of IT, security, and compliance applications enabling businesses to efficiently manage cyber risk. By offering solutions that cover asset management, vulnerability detection, cybersecurity, and compliance, Qualys caters to a wide array of industries including education, financial services, healthcare, manufacturing, and more, through a combination of direct sales teams and a global network of channel partners.
Qualys' expansive suite of cloud applications is designed to cater to the diverse needs of modern IT, security, and compliance requirements:
Beyond these product offerings, Qualys also provides an array of services including asset tagging and management, big data correlation and analytics, and strategic workflow and remediation tools that empower clients to mitigate cyber risks efficiently. Through its innovative solutions and services, Qualys enables businesses of all sizes, from SMBs to large enterprises and government entities, to maintain robust security postures, comply with regulations, and protect their critical assets.