Qualys, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024
February 07, 2024 at 04:09 pm EST
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Qualys, Inc. provided earnings guidance for the first quarter and full year 2024. For the quarter, the Management expects revenues to be in the range of $144.5 million to $146.5 million, representing 11% to 12% growth over the same quarter in 2023. GAAP net income per diluted share is expected to be in the range of $0.84 to $0.92, which assumes an effective income tax rate of 22%.
For the year, the Management expects revenues to be in the range of $600.0 million to $610.0 million, representing 8% to 10% growth over 2023. GAAP net income per diluted share is expected to be in the range of $3.11 to $3.43. This assumes an effective income tax rate of 22%.
Qualys, Inc. is a provider of a cloud-based platform delivering information technology (IT), security and compliance solutions. The Companyâs integrated suite of IT, security and compliance solutions delivered on Qualys' Enterprise TruRisk Platform enables its customers to identify and manage their IT and operational technology (OT) assets, collect, and analyze large amounts of IT security data, recommend, and implement remediation actions and verify the implementation of such actions. It provides its solutions through a software-as-a-service model, primarily with renewable annual subscriptions. Its cloud platform offers an integrated suite of solutions that automates the lifecycle of asset discovery and management, security and compliance assessments, and remediation for an organizationâs IT infrastructure and assets, whether such infrastructure and assets reside inside the organization, on their network perimeter, on endpoints or in the cloud.
QUALYS, INC. 
