Qualys, Inc. (NASDAQ:QLYS) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, QLYS is expected to report 3Q20 income of $ 0.67 per share from revenue of $ 91.97 million.
For the full year, analysts anticipate top line of $ 360.16 million, while looking forward to income of $ 2.65 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.65 ~ $ 0.67 per share, while revenues are expected in a range of $ 91.60 million ~ $ 92.20 million
Full Year 2020 topline are forecasted in a range of$ 359.00 million ~ $ 360.50 million, where as bottomline are predicted in a range of $ 2.60 ~ $ 2.65 per share
Click Here For More Historical Outlooks Of Qualys, Inc.
Previous Quarter Performance
Qualys, Inc. unfold income for the second quarter of $ 0.74 per share, from the revenue of $ 88.83 million. The quarterly earnings increased 34.55 percent while revenues extended 13.07 percent compared with the same quarter last year.
Wall street analysts are predicting, QLYS to report 2Q20 income of $ 0.63 per share from revenue of $ 88.15 million. The bottom line results beat street analysts by $ 0.11 or 17.46 percent, at the same time, top line results outshined analysts by $ 0.68 million or 0.77 percent.
Stock Performance
Shares of Qualys, Inc. traded up $ 0.79 or 0.88 percent on Tuesday, reaching $ 90.66 with volume of 362.10 thousand shares. Qualys, Inc. has traded high as $ 92.34 and has cracked $ 89.91 on the downward trend
According to the previous trading day, closing price of $ 90.66, representing a 41.82 % increase from the 52 week low of $ 63.37 and a 28.23 % decrease over the 52 week high of $ 125.22.
The company has a market capital of $ 3.56 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
- On 9th September 2020, initiated by Loop Capital at Buy rating, with $ 140.00 target price.
Conference Call
Qualys, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.qualys.com
Qualys, Inc. provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
