qualys inc (QLYS) Key Developments
Qualys Joins Forces With the Council on CyberSecurity to Promote the Adoption of CyberSecurity Best Practices
Jun 23 14
Qualys Inc. announced it has joined the Council on CyberSecurity as a Founding Member. Through this partnership Qualys will work with the Council to lay the foundation that is urgently needed to create security for all users in cyberspace. The Council on CyberSecurity's mission is to promote and sustain the adoption of cybersecurity best practices and make the Internet a safer place. By joining the Council as a founding member, help bring many of the best practices have learned from customers to a much wider audience who can then better defend themselves against cyber attacks.
Qualys, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter and Year of 2014
May 5 14
Qualys, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues of $30.356 million against $24.883 million a year ago. Loss from operations was $0.261 million against $0.273 million a year ago. Loss before provision for income taxes was $0.258 million against $0.533 million a year ago. Net loss was $0.440 million or $0.01 per diluted share against $0.603 million or $0.02 per diluted share a year ago. Net cash provided by operating activities was $15.075 million against $10.059 million a year ago. Purchases of property and equipment was $3.778 million against $3.650 million a year ago. Adjusted EBITDA was $4.670 million against $2.795 million a year ago. Non-GAAP gross profit was $23.659 million against $19.181 million a year ago. Non-GAAP income from operations was $1.865 million against $0.676 million a year ago. Non-GAAP net income was $1.686 million or $0.05 per diluted share against $0.346 million or $0.01 per diluted share a year ago. Revenue growth was driven by a combination of sales of subscriptions to new customers, as well as subscription renewals and upsells of additional subscriptions to existing customers.
For the second quarter, management expects revenues to be in the range of $31.3 million to $31.8 million. At the midpoint, this represents 20% growth over second quarter 2013 revenues. GAAP net income (loss) per diluted share is expected to be in the range of ($0.01) to $0.01 and non-GAAP net income per diluted share is expected to be in the range of $0.05 to $0.07 based on approximately 37.0 million weighted average diluted shares outstanding for the quarter.
For the full year management reiterates its expectation for revenues to be in the range of $128.5 million to $130.5 million. At the midpoint, this represents 20% growth over 2013 revenues. GAAP net income (loss) per diluted share is expected to be in the range of ($0.06) to ($0.02) and non-GAAP net income per diluted share is expected to be in the range of $0.22 to $0.26 based on approximately 37.4 million weighted average diluted shares outstanding for the full year.
Qualys, Inc. Introduces New SSL Dashboard to its QualysGuard Vulnerability Management (VM) Solution
Apr 22 14
Qualys, Inc. introduced a new SSL Dashboard to its QualysGuard Vulnerability Management (VM) solution. This new console provides organizations with global discovery of SSL certificates, including issue date, signature, fingerprint information and new Heartbleed filters that identify SSL certificates from vulnerable hosts. This month's Heartbleed bug awakened the world to the importance of a healthy SSL public key infrastructure to the proper functioning of the Internet. Yet, despite the continued high growth in SSL traffic, organizations often leave life-cycle management of SSL certificates to spreadsheets, which are labor intensive and error prone, or standalone software solutions, which must be deployed and managed. This creates the risk of a security breach or of a poor customer experience when invalid, expired or otherwise faulty certificates remain in use. Because Qualys stores and indexes a customer's scan results in its cloud platform, there is no need to re-scan networks specifically to collect SSL data. The dashboard provides the following capabilities: Drill-down charts that summarize statistics about expired or soon-to-expire certificates, top ten certificate authorities (CA), by key size and self-signed certificates; Detailed reports that can be filtered on multiple criteria including issue and expiration dates, key size, host name, validity, self-signed certificates and certificates at risk due to Heartbleed; the ability to create charts and reports specific to customer-defined asset groups; Access to specific information about each certificate including validity dates, IP address and host, issuer and certificate path, key size, fingerprint, raw certificate data and associated vulnerabilities, their severity; and ability to export data in CSV, XML and other formats. In addition, customers subscribing to the QualysGuard Continuous Monitoring (CM) service can set up alerts based on SSL certificate information, such as expired/days until expiration, self-signed certificates, name of Certificate Authority, weak key size and other validity measures.
Qualys, Inc., Annual General Meeting, Jun 04, 2014
Apr 21 14
Qualys, Inc., Annual General Meeting, Jun 04, 2014., at 11:00 Pacific Daylight. Location: Sofitel San Francisco Bay Hotel. Agenda: To elect two Class II directors to serve until the 2017 annual meeting of stockholders or until their successors are duly elected and qualified; to ratify the appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2014; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof.
Qualys, Inc. Presents at Cowen 42nd Annual Technology, Media & Telecom Conference, May-28-2014 11:00 AM
Apr 17 14
Qualys, Inc. Presents at Cowen 42nd Annual Technology, Media & Telecom Conference, May-28-2014 11:00 AM. Venue: The Palace Hotel New York, 455 Madison Ave (between 50th & 51st Street), New York, NY 10022, United States. Speakers: Philippe F. Courtot, Chairman and Chief Executive Officer, Wolfgang Kandek, Chief Technology Officer.