Qualys, Inc. (NASDAQ:QLYS) reported worse-than-expected second-quarter sales results and issued FY24 revenue guidance below estimates on Tuesday.
Qualys reported quarterly earnings of $1.52 per share which beat the analyst consensus estimate of $1.32. The company reported quarterly sales of $148.700 which missed the analyst consensus estimate of $148.699 million.
Qualys said it sees FY24 adjusted earnings of $5.46 to $5.62 per share, versus market estimates of $5.26 per share. The company expects revenue of $597.6 million to $601.5 million, versus expectations of $605.639 million.
Qualys shares fell 7.1% to trade at $127.32 on Wednesday.
These analysts made changes to their price targets on Qualys following earnings announcement.
Considering buying QLYS stock? Here’s what analysts think:
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