Qualys Q2 2024 Adj. EPS $1.52 Beats $1.32 Estimate, Sales $148.700 Miss $148.699M Estimate
Portfolio Pulse from Benzinga Newsdesk
Qualys (NASDAQ:QLYS) reported Q2 2024 adjusted EPS of $1.52, beating the estimate of $1.32. However, sales of $148.7 million slightly missed the estimate of $148.699 million. This represents a 100% increase over last year's sales of $137.209 million.
August 06, 2024 | 8:06 pm
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Qualys reported Q2 2024 adjusted EPS of $1.52, beating the estimate of $1.32. Sales of $148.7 million slightly missed the estimate of $148.699 million. This represents a 100% increase over last year's sales of $137.209 million.
The significant beat on EPS is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. The 100% increase in sales compared to last year is also a positive indicator.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100