Qualys’s (NASDAQ:QLYS) Q4: Beats On Revenue But Stock Drops
Cloud security and compliance software provider Qualys (NASDAQ:QLYS) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 10.1% year on year to $159.2 million. The company expects next quarter’s revenue to be around $157 million, close to analysts’ estimates. Its non-GAAP profit of $1.60 per share was 17.2% above analysts’ consensus estimates.