Qualys Full Year 2024 Earnings: EPS Beats Expectations

Qualys (NASDAQ:QLYS) Full Year 2024 Results

Key Financial Results

• Revenue: US$607.6m (up 9.6% from FY 2023).
• Net income: US$173.7m (up 15% from FY 2023).
• Profit margin: 29% (up from 27% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$4.72 (up from US$4.11 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Qualys EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.7%.

In the last 12 months, the only revenue segment was Security Software & Services contributing US$607.6m. The largest operating expense was Sales & Marketing costs, amounting to US$128.3m (40% of total expenses). Explore how QLYS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 2.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Qualys' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.