Qualys, Inc. (NASDAQ:QLYS ) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Corporate Participants Blair King - Vice President, Investor Relations and Corporate Development Sumedh Thakar - President and Chief Executive Officer Joo Mi Kim - Chief Financial Officer Conference Call Participants Jonathan Ho - William Blair Roger Boyd - UBS Patrick Colville - Scotiabank Kingsley Crane - Canaccord Genuity Joel Fishbein - Truist Rudy Kessinger - DA Davidson Matt Hedberg - RBC Trevor Walsh - Citizens Shrenik Kothari - Baird Yun Kim - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Qualys' Third Quarter 2024 Investor Call.
Qualys (QLYS) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.51 per share a year ago.
QLYS' third-quarter 2024 results are expected to benefit from the growing demand for cybersecurity solutions.
Qualys (QLYS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
QLYS seems to be the best investment option right now, given its attractive valuations, robust product portfolio and strong partner base.
The Zacks Security industry participants like VRNS and QLYS benefit from the current hybrid working trend and the digital transformation wave.
Qualys, a cybersecurity company, is down 39% from its all-time high but remains a solid long-term investment due to its superb business characteristics. Despite headwinds like slowing revenue growth, reduced guidance, and a falling net dollar expansion rate, QLYS's steady growth, high profitability, and strong balance sheet make it compelling. The cybersecurity market is expanding, and the Company is a key player, ensuring its long-term growth potential remains intact.
NEW YORK, NY / ACCESSWIRE / September 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Qualys, Inc. ("Qualys") (NASDAQ:QLYS) concerning possible violations of federal securities laws. Qualys is the subject of a report published by the Investors Business Daily on February 5, 2024.
NEW YORK, NY / ACCESSWIRE / September 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Qualys, Inc. ("Qualys") (NASDAQ:QLYS) concerning possible violations of federal securities laws. Qualys is the subject of a report published by the Investors Business Daily on February 5, 2024.
NEW YORK, NY / ACCESSWIRE / September 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Qualys, Inc. ("Qualys") (NASDAQ:QLYS) concerning possible violations of federal securities laws. Qualys is the subject of a report published by the Investors Business Daily on February 5, 2024.
NEW YORK, NY / ACCESSWIRE / September 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Qualys, Inc. ("Qualys") (NASDAQ:QLYS) concerning possible violations of federal securities laws. Qualys is the subject of a report published by the Investors Business Daily on February 5, 2024.
NEW YORK, NY / ACCESSWIRE / September 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Qualys, Inc. ("Qualys") (NASDAQ:QLYS) concerning possible violations of federal securities laws. Qualys is the subject of a report published by the Investors Business Daily on February 5, 2024.