Qualys Q3 revenue $188 million vs. IBES estimate $186.7 million
QLYS•Qualys reported third-quarter revenue of $188 million, compared with the IBES estimate of $186.7 million. Adjusted EPS was $2.12 versus an estimate of $1.96, and the company forecast full-year revenue of $736.9 million to $738.9 million.
1. Quarterly results and outlook
Qualys reported third-quarter adjusted EBITDA of $89.9 million, adjusted operating income of $87.1 million, and adjusted net income of $74.8 million, each above IBES estimates. Adjusted gross profit was $159.3 million, adjusted gross margin was 85%, and EPS was $1.62. The company forecast full-year revenue of $736.9 million to $738.9 million, compared with the IBES estimate of $735.5 million.
