FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Qualys Inc. (QLYS) on Tuesday reported first-quarter net income of $39.7 million.
On a per-share basis, the Foster City, California-based company said it had net income of $1.05. Earnings, adjusted for one-time gains and costs, came to $1.45 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The maker of security-analysis software posted revenue of $145.8 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $145.7 million.