Recap: Qualys Q1 Earnings

Qualys 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.

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.

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).

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.

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