Qualys, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022
November 02, 2022 at 04:15 pm EDT
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Qualys, Inc. provided earnings guidance for the fourth quarter and full year 2022. Management expects revenues for the fourth quarter of 2022 to be in the range of $129.7 million to $130.7 million, representing 18% to 19% growth over the same quarter in 2021. GAAP net income per diluted share is expected to be in the range of $0.52 to $0.54, which assumes an effective income tax rate of 26%.
For the Full Year 2022 Guidance, the management now expects revenues to be in the range of $488.6 million to $489.6 million, representing 19% growth over 2021, up from the previous guidance range of $488.0 million to $489.5 million. GAAP net income per diluted share is expected to be in the range of $2.52 to $2.54, up from the previous guidance range of $2.39 to $2.44. 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. 
