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Qualys: Q3 Earnings Snapshot

Qualys: Q3 Earnings Snapshot

By AP News
Published - Nov 05, 2024, 04:20 PM ET
Last Updated - Nov 05, 2024, 04:20 PM EST

FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Qualys Inc. (QLYS) on Tuesday reported third-quarter earnings of $46.2 million.

The Foster City, California-based company said it had net income of $1.24 per share. Earnings, adjusted for one-time gains and costs, came to $1.56 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

The maker of security-analysis software posted revenue of $153.9 million in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $150.6 million.

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