Qualys, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021
November 03, 2021 at 04:15 pm EDT
Share
Qualys, Inc. provided earnings guidance for the fourth quarter of 2021. Management expects revenues for the fourth quarter of 2021 to be in the range of $108.1 million to $108.7 million, representing 14% to 15% growth over the same quarter in 2020. GAAP net income per diluted share is expected to be in the range of $0.47 to $0.49, which assumes an effective income tax rate of 26%.
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.