Qualys Inc reports results for the quarter ended in June - Earnings Summary

Qualys

06/08/2024 23:37

* Qualys Inc  QLYS.OQ  reported quarterly adjusted earnings
of
$1.52​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of $1.27. 
The mean expectation of twenty analysts for the quarter was
for earnings of $1.32 per share. Wall Street expected results to
range from $1.27  to $1.40 per share.
    * Revenue rose 8.4% to $148.71 million from a year ago;
analysts
expected $148.70 million. 
    * Qualys Inc's reported EPS for the quarter was $1.17​.
    * The company reported quarterly net income of $43.77
million.
    * Qualys Inc shares had fallen by 6.7% this quarter and
lost 32.2%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 14
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Qualys Inc is
$166.00 
This summary was machine generated from LSEG data August 6 at
10:37 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.32           1.52           Beat
 Mar. 31 2024                     1.45           
 Dec. 31 2023      1.24           1.40           Beat
 Sep. 30 2023      1.14           1.51           Beat