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

Qualys

08/05/2024 08:38

* Qualys Inc  QLYS.OQ  reported quarterly adjusted earnings
of
$1.45​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$1.09.  The mean expectation of nineteen analysts for the
quarter was for earnings of $1.30 per share. Wall Street
expected results to range from $1.23  to $1.35 per share.
    * Revenue rose 11.6% to $145.81 million from a year ago;
analysts
expected $145.70 million. 
    * Qualys Inc's reported EPS for the quarter was $1.05​.
    * The company reported quarterly net income of $39.73
million.
    * Qualys Inc shares had fallen by 0.5% this quarter and
lost 15.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 11
"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
$170.00 
This summary was machine generated from LSEG data May 8 at 07:38
a.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
 Mar. 31 2024      1.30           1.45           Beat
 Dec. 31 2023      1.24           1.40           Beat
 Sep. 30 2023      1.14           1.51           Beat
 Jun. 30 2023      1.01           1.27           Beat