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Qualys Analysts Cut Their Forecasts After Q2 Results

Qualys, Inc. (NASDAQ:QLYS) reported worse-than-expected second-quarter sales results and issued FY24 revenue guidance below estimates on Tuesday. Qualys reported quarterly earnings of $1.52 per share which beat the analyst consensus estimate of $1.32. The company reported quarterly sales of $148.700 which missed the analyst consensus estimate of $148.699 million. “We delivered a strong quarter of rapid innovation on the Qualys Enterprise TruRisk Platform, reflecting our ongoing commitment to extend our technology leadership and customer success,” said Sumedh Thakar, president and CEO of Qualys. “Our comprehensive multi-sensor architecture and rapid innovation engine underscore our growing thought leadership and the value proposition we deliver to customers seeking to transform, consolidate, and fortify their security posture. We believe Qualys ...