Qualys Sees FY23 Adj. EPS $5.04-$5.14 Vs $4.61 Est.; Revenue $554M-$555M Vs $554.22M Est.
Portfolio Pulse from Benzinga Newsdesk
Qualys has projected its FY23 adjusted EPS to be between $5.04 and $5.14, higher than the estimated $4.61. The company also expects its revenue to be between $554M and $555M, slightly above the estimated $554.22M.
November 02, 2023 | 9:36 pm
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Qualys has provided a positive earnings forecast for FY23, with both EPS and revenue expected to surpass estimates. This could potentially lead to a positive impact on the company's stock price.
Qualys' higher than expected earnings forecast for FY23 indicates strong financial performance, which is a key factor investors consider when buying stocks. This positive news could increase demand for QLYS shares, potentially driving up the stock price in the short term.
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