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.
