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Qualys: Q2 Earnings Snapshot
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FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Qualys Inc. (QLYS) on Tuesday reported second-quarter net income of $52.4 million.

The Foster City, California-based company said it had net income of $1.50 per share. Earnings, adjusted for stock option expense and pretax expenses, came to $1.98 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The maker of security-analysis software posted revenue of $182.2 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $178.5 million.

For the current quarter ending in September, Qualys expects its per-share earnings to range from $1.91 to $1.98.

The company said it expects revenue in the range of $185.5 million to $187.5 million for the fiscal third quarter.

Qualys expects full-year earnings in the range of $7.74 to $7.88 per share, with revenue ranging from $732 million to $738 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLYS at https://www.zacks.com/ap/QLYS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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