Qualys Q1 EPS $1.45 Beats $1.30 Estimate, Sales $145.81M Beat $145.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Qualys (NASDAQ:QLYS) reported Q1 earnings of $1.45 per share, surpassing the consensus estimate of $1.30, marking a 33.03% year-over-year increase. Sales reached $145.81M, slightly above the $145.70M estimate, representing an 11.57% increase from the previous year.
May 07, 2024 | 8:11 pm
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Qualys reported a significant beat on both earnings per share and sales for Q1, with earnings per share at $1.45 against an estimate of $1.30 and sales of $145.81M against an estimate of $145.70M.
Qualys' earnings beat and sales surpassing estimates indicate strong financial health and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100