Qualys, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2022
February 10, 2022 at 04:30 pm
Share
Qualys, Inc. provided earnings guidance for the first quarter and full year 2022. For the quarter, the company expects revenues to be in the range of $112.5 million to $113.1 million, representing 16% to 17% growth over the same quarter in 2021. GAAP net income per diluted share is expected to be in the range of $0.51 to $0.53, net income per diluted share estimates are based on approximately 40.2 million weighted average diluted shares outstanding for the quarter.
For the full year, the company expects revenues to be in the range of $482.0 million to $485.0 million, representing 17% to 18% growth over 2021. GAAP net income per diluted share is expected to be in the range of $1.59 to $1.64, net income per diluted share estimates are based on approximately 40.2 million weighted average diluted shares outstanding.
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.