qualys inc (QLYS) Key Developments
Proficio Partners with Qualys to Provide Cloud-Based IT Security and Compliance for Medium-Sized Businesses
May 21 13
Qualys, Inc. announced a partnership to provide the QualysGuard suite of IT security and compliance solutions along with Proficio's managed services providing customers with a cost-effective, comprehensive security and compliance solution that includes continuous monitoring, logging, analysis and remediation. Proficio's new ProSCAN service helps customers proactively manage risk, meet compliance requirements and maximize uptime. The cloud service includes SIEM-as-a-service, real-time security event monitoring and log retention. Now, with its partnership with Qualys, the service will include the QualysGuard Cloud Platform and integrated suite of IT security and compliance solutions including Vulnerability Management, Web Application Scanning, PCI and Policy Compliance to deliver a unified, comprehensive solution that helps customers proactively and continuously protect their data and IT assets against security threats.
Qualys, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Second Quarter and Full Year of 2013
May 6 13
Qualys, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of $24,883,000 against $21,191,000 a year ago. Revenues for the first quarter of 2013 increased by 17% compared to the same quarter last year. Revenue growth was driven by a combination of increased sales of subscriptions for additional solutions to existing customers, as well as sales of subscriptions to new customers. GAAP operating loss for the first quarter of 2013 increased to $273,000 compared to an operating loss of $130,000 in the same quarter last year. Loss before provision for income taxes was $533,000 against $207,000 a year ago. GAAP net loss for the first quarter of 2013 was $603,000, or $0.02 per diluted share, compared to a net loss of $285,000, or a $0.05 net loss per diluted share, in the same quarter last year. Net cash provided by operating activities was $10,059,000 against $9,628,000 a year ago. Purchases of property and equipment were $3,650,000 against $2,927,000 a year ago. EBITDA was $1,604,000 against $1,608,000 a year ago. Adjusted EBITDA (a non-GAAP financial measure) for the first quarter of 2013 increased by 22% to $2,795,000 compared to $2,296,000 in the same quarter last year. As a percentage of revenues, adjusted EBITDA remained constant at 11% in the first quarter of 2013 compared to the same quarter last year. Non-GAAP operating income from operations for the first quarter of 2013 increased to $676,000 compared to $546,000 in the same quarter last year. Non-GAAP net income for the first quarter of 2013 was $346,000, or $0.01 per diluted share, compared to a non-GAAP net income of $391,000, or a $0.02 net income per diluted share, in the same quarter last year. Non-GAAP net income attributable to common stockholders was $346,000 against $90,000 a year ago. Capital expenditure was $3.7 million compared to $2.9 million in the first quarter of 2012.
The company provided earnings guidance for the second quarter and full year of 2013. For the second quarter, the company expects revenues to be in the range of $25.9 million to $26.4 million. GAAP net income (loss) per diluted share is expected to be in the range of a loss of $0.01 to an income of $0.01 and non-GAAP net income per diluted share is expected to be in the range of $0.02 to $0.04 based on approximately 35.4 million weighted average diluted shares outstanding for the quarter.
For the full year 2013, the company’s guidance remains unchanged with management expecting revenues to be in the range of $106 million to $108 million. GAAP EPS is expected to be in the range of $0.02 to $0.06 per diluted share and non-GAAP EPS is expected to be in the range of $0.16 to $0.20 per diluted share based on approximately 35.7 million weighted average diluted shares outstanding for the full year.
Qualys and FireMon Enable Real-Time Network Risk Visibility and Remediation
Apr 22 13
Qualys, Inc. and FireMon, LLC. announced the integration of QualysGuard Vulnerability Management (VM) and FireMon Security Manager with Risk Analyzer in FireMon's upcoming Version 7.0 release. This enables customers to analyse their security postures across large network security infrastructures, evaluate remediation efforts through attack simulation, and see the impact of their actions to reduce risk and meet compliance regulations. Security organizations can now automate the real-time identification of assets that are truly at risk within their networks, and prioritise their remediation efforts to reduce the amount of risk with the least amount of effort. With the integration, QualysGuard VM provides information feeds for the full lifecycle of network auditing and vulnerability management, including network discovery and mapping, asset prioritisation, vulnerability reporting correlated with known malwares and exploits, and remediation tracking according to business risk. Leveraging the QualysGuard Cloud Platform, it offers the most comprehensive vulnerability KnowledgeBase in the industry and six sigma accuracy, and the scalability to scan across even the largest, most complex environments, for public or private cloud, and including network perimeters, DMZs and LANs.
Qualys, Inc., Q1 2013 Earnings Call, May 06, 2013
Apr 5 13
Qualys, Inc., Q1 2013 Earnings Call, May 06, 2013
Qualys, Inc. to Report Q1, 2013 Results on May 06, 2013
Apr 5 13
Qualys, Inc. announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on May 06, 2013