Cloud security and compliance software provider Qualys (NASDAQ:QLYS) will be announcing earnings results this Tuesday after market close. Here’s what to look for.
Qualys beat analysts’ revenue expectations by 1.8% last quarter, reporting revenues of $159.9 million, up 9.7% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and full-year EPS guidance exceeding analysts’ expectations.
Is Qualys a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Qualys’s revenue to grow 8.5% year on year to $161.3 million, in line with the 8.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.48 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Qualys has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Qualys’s peers in the cybersecurity segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Tenable delivered year-on-year revenue growth of 11.8%, beating analysts’ expectations by 2.2%, and Varonis reported revenues up 16.7%, topping estimates by 2.8%. Tenable traded down 3% following the results while Varonis was up 5.3%.
Read our full analysis of Tenable’s results here and Varonis’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the cybersecurity stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. Qualys is down 9.4% during the same time and is heading into earnings with an average analyst price target of $136.63 (compared to the current share price of $133.14).
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