The Latest Breaking News from Qualys

 

Due to increasing cyber-attacks with enterprises rapidly digitalizing their operations and migrating to cloud platforms, the cybersecurity industry has benefited significantly over the past year. However, considering the macroeconomic headwinds, it could be worth watching prominent cybersecurity stocks CyberArk Software (CYBR), Rapid7 (RPD), Check Point Software Technologies (CHKP), Qualys (QLYS),…

Benzinga Pro data, Qualys (NASDAQ:QLYS) reported Q1 sales of $113.42 million. Earnings fell to a loss of $3.51 million, resulting in a 116.08% decrease from last quarter.

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.

With earnings due May 4, cybersecurity leader Fortinet is looking to secure a breakout after joining the IBD Long-Term Leaders list.

IBD 50 Stocks To Watch: Qualys' stock is in a buy zone as this software and security firm takes off during the Ukraine war.

Upgrades

The threat of cybercrime has increased lately, as experts warn of a potential global cyberattack launched by Russia in response to crippling sanctions imposed on it by the West. Furthermore, with an increasing dependency on technology across all sectors, the demand for cybersecurity has grown in tandem with the rising…

Dow Jones stock Apple closed 1.9% higher while shares scored a breakout from a base. Meanwhile, the Nasdaq led the upside.