On August 5, Qualys surged 19.55% in regular trading, trading at $184.59/share, with turnover of $35.16 million. The rally was driven by the company's second fiscal quarter earnings report, which delivered a comprehensive beat on both earnings and revenue, accompanied by an upward revision of full-year guidance.
Specifically, Q2 adjusted EPS came in at $1.98, exceeding the analyst consensus of $1.78 by approximately 11.24% and representing 17.86% year-over-year growth. Revenue reached $182 million, surpassing the expected $179 million. The company raised its full-year adjusted EPS guidance to $7.74–$7.88, above the market consensus of $7.60, and lifted full-year revenue guidance to $732–$738 million, exceeding the $724.5 million expectation. This marks consecutive quarters of outperformance, as Q1 EPS of $1.95 also beat estimates by 8.33%. Additionally, the company has recently launched AI-driven cybersecurity products including InstaScan and Agent Val, accelerating its AI strategy commercialization. Scotiabank upgraded its rating to sector outperform with a $190 target price, further boosting market confidence.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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