Qualys (QLYS) Stock Jumps 14% After Hours: Here's Why
Qualys Inc. (NASDAQ: QLYS ) shares jumped 14.01% to $183.63 in after-hours trading Tuesday after the cybersecurity firm reported second-quarter results, where earnings per share of $1.98 topped analyst estimates of $1.68 by 17.9%. Revenue, Margins Top Forecasts Qualys, which declared results for the period ended Jun. 30, posted revenue of $182.18 million, up 11% year-over-year. That beat the analyst estimate of $178.68 million by 1.96%. Adjusted EBITDA reached $83.8 million for the quarter, a 46% margin. Raised Outlook The company increased its full-year 2026 revenue guidance to $732 million to $738 million, compared with its previous forecast of $721 million to $727 million. It also raised its EPS guidance to $7.74 to $7.88 from the earlier range of $7.44 to $7.65. Sumedh Thakar, Qualys’ president and CEO, said, “In Q2, we continued to execute well, demonstrated by anothe...
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