Qualys: Q3 Earnings Snapshot

FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Qualys Inc. (QLYS) on Monday reported third-quarter net income of $57.2 million.

On a per-share basis, the Foster City, California-based company said it had profit of $1.62. Earnings, adjusted for stock option expense and pretax expenses, were $2.12 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.95 per share.

The maker of security-analysis software posted revenue of $188 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $186.5 million.

For the current quarter ending in December, Qualys expects its per-share earnings to range from $2.05 to $2.12.

The company said it expects revenue in the range of $191 million to $193 million for the fiscal fourth quarter.

Qualys expects full-year earnings in the range of $8.07 to $8.14 per share, with revenue ranging from $736.9 million to $738.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLYS at https://www.zacks.com/ap/QLYS