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Recap: Qualys Q1 Earnings

Qualys (NASDAQ:QLYS) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Qualys beat estimated earnings by 11.25%, reporting an EPS of $0.89 versus an estimate of $0.8.

Revenue was up $16.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 14.35% drop in the share price the next day.

Here's a look at Qualys's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.80 0.79 0.68 0.68
EPS Actual 0.84 0.86 0.79 0.74
Revenue Estimate 108.43M 104.11M 98.97M 95.19M
Revenue Actual 109.78M 104.93M 99.70M 96.76M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Qualys management provided guidance for FY 2022, expecting earnings between $3.13 and $3.17 per share.

To track all earnings releases for Qualys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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