Qualys rises after upbeat annual results forecast

Qualys

05/11/2024 21:44

** Shares of cloud service company Qualys  QLYS.O  rise
18.5% to $152 after the bell
    ** Co lifts FY 2024 adj EPS forecast to range of $5.81
to$5.91, up from the previous $5.46 to $5.62
    ** Expects FY 2024 revenue between $602.9 mln and $605.9
mln, compared to previous range of $597.5 mln to $601.5 mln
    ** Q3 adjusted EPS of $1.56, beat analysts' estimates of
$1.33, according to LSEG compiled data
    ** Q3 revenue of $153.9 mln, beat estimates of $150.7 mln
    ** As of last close, stock fell 34.7 YTD

 (Reporting by Aatreyee Dasgupta)
 ((Aatreyee.Dasgupta@thomsonreuters.com))