High materiality9/10
These Analysts Boost Their Forecasts On Qualys Following Upbeat Earnings
Why it may matterVerify against the original reporting
Strong earnings and revenue growth indicate excellent performance, similar to past earnings beats.
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What happened, with direct paths to the underlying reporting
Qualys beat Q3 earnings estimates at $1.56 per share. Revenue for Q3 was $153.87 million, exceeding estimates. Raised FY24 adjusted EPS guidance to $5.81-$5.91. Analysts raised various price targets post-earnings. Shares surged 27.6% to $163.64 following the news.
- Qualys beat Q3 earnings estimates at $1.56 per share.
- Revenue for Q3 was $153.87 million, exceeding estimates.
- Raised FY24 adjusted EPS guidance to $5.81-$5.91.
- Analysts raised various price targets post-earnings.
- Shares surged 27.6% to $163.64 following the news.
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