Stock News Alert: Qualys (NASDAQ:QLYS)

On Feb. 10, 2021, Qualys (NASDAQ:QLYS) a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, declared financial results for the fourth quarter and full year ended December 31, 2020. For the quarter, the Company reported revenues of $94.8 million, net income under United States Generally Accepted Accounting Principles (U.S. GAAP) of $23.8 million, non-GAAP net income of $28.6 million, Adjusted EBITDA of $43.4 million, GAAP net income per diluted share of $0.59, and non-GAAP net income per diluted share of $0.71. For the full year ended December 31, 2020, the Company reported revenues of $363.0 million, GAAP net income of $91.6 million, non-GAAP net income of $117.0 million, Adjusted EBITDA of $169.5 million, GAAP net income per diluted share of $2.24, and non-GAAP net income per diluted share of $2.87.

Fourth Quarter 2020 Financial Highlights

Revenues: Revenues for the fourth quarter of 2020 increased by 12% to $94.8 million compared to $84.7 million for the same quarter in 2019.

Gross Profit: GAAP gross profit for the fourth quarter of 2020 increased by 9% to $73.6 million compared to $67.5 million for the same quarter in 2019. GAAP gross margin was 78% for the fourth quarter of 2020 compared to 80% for the same quarter in 2019. Non-GAAP gross profit for the fourth quarter of 2020 increased by 9% to $76.0 million compared to $69.6 million for the same quarter in 2019. Non-GAAP gross margin was 80% for the fourth quarter of 2020 compared to 82% for the same quarter in 2019.

Qualys (NASDAQ:QLYS) stock observed trading -21.06% off 52-week high price. On the other end, the stock has been noted 85.42% away from low price over the last 52-weeks. The stock disclosed a move of 1.06% away from 50 day moving average and 10.03% away from 200 day moving average. Moving closer, we can see that shares have been trading -8.68% off 20-day moving average. It has market cap of $4.52B.

The USA based company Qualys moved with change of -9.46% to $117.5 with the total traded volume of 1162556 shares in recent session versus to an average volume of 489.66K. The stock was observed in the 5 days activity at -5.74%. The one month performance of stock was -3.51%. QLYS’s shares are at 28.35% for the quarter and driving a 31.12% return over the course of the past year and is now at -3.59% since this point in 2018.  Right now the stock beta is 0.6. The average volatility for the week and month was at 4.65% and 5.35% respectively. There are 39.24M shares outstanding and 33.62M shares are floated in market.

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