NASDAQ$QLYS

Qualys Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Qualys reported revenue growth of 14.5% year-over-year, GAAP EPS of $0.46, and non-GAAP EPS of $0.65.

Qualys announced their Q1 2020 financial results, reporting revenues of $86.3 million, a 14.5% increase compared to the same quarter in 2019. GAAP EPS was $0.46 and non-GAAP EPS was $0.65. The company also announced an additional $100 million share repurchase program.

  • Revenue for the first quarter of 2020 increased by 14.5% to $86.3 million compared to $75.3 million for the same quarter in 2019.
  • GAAP operating income for the first quarter of 2020 increased by 45% to $20.4 million compared to $14.1 million for the same quarter in 2019.
  • The company's groundbreaking VMDR application is seeing strong customer reception with nearly 150 customers already subscribed to it.
  • Board authorized an additional 2-year $100 million open market share repurchase program.

Headline financials

Total Revenue

$86.3M

Previous: $75.3M+14.5%
EPS (adj)

$0.65

Previous: $0.49+32.7%
Capital Expenditures

-$7.27M

Previous: -$8.61M+15.5%
Free Cash Flow

$11.4M

Previous: $4.66M+145.2%
Net Income

$18.7M

Previous: $13.3M+40.9%
Operating Income

$20.4M

Previous: $14.1M+45.4%
Gross Profit

$67.8M

Previous: $57.6M+17.6%
Cash & Equivalents

$148M

Previous: $93.1M+58.5%
Total Assets

$684M

Previous: $636M+7.6%
Stock-Based Comp

$10M

Previous: $8.45M+18.4%

Revenue & EPS history

Qualys · Revenue · Quarterly

$86.3M

Q1 2020+14.5%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Forward guidance

Qualys is issuing financial guidance for the second quarter and full year fiscal 2020, but emphasizes that the guidance is subject to various important cautionary factors referenced in the section entitled 'Legal Notice Regarding Forward-Looking Statements' below, including risks and uncertainties associated with the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.5%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.3%

Avg return

30 days after

56%

33 / 59 earnings

Positive

+27.8%

Q3 2024

Best reaction

-29.0%

Q1 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.7%-0.7%+19.3%
Q4 2025-13.3%-13.7%-22.8%
Q3 2025+20.7%+25.4%+20.5%
Q1 2025+0.7%+7.6%+11.9%
Q4 2024-3.7%-1.9%-9.5%
Q3 2024+27.8%+23.6%+25.8%
Q2 2024-5.8%-5.3%-7.0%
Q1 2024-12.0%-11.7%-20.6%
Q4 2023-4.0%-2.9%-4.6%
Q3 2023+11.9%+13.3%+23.7%
Q2 2023+6.2%+6.2%+15.3%
Q1 2023+8.3%+6.2%+20.8%
Q4 2022-1.2%-3.2%-4.2%
Q3 2022-19.6%-20.9%-12.8%
Q2 2022+11.7%+17.0%+17.8%
Q1 2022-3.0%-15.8%-1.9%
Q4 2021-15.4%-10.1%-6.5%
Q3 2021+9.7%+11.7%+2.1%
Q2 2021+7.5%+8.0%+14.8%
Q1 2021+3.5%+6.2%+5.4%
Q4 2020-19.0%-20.2%-22.5%
Q3 2020+3.8%+1.0%+1.3%
Q2 2020-13.0%-14.5%-14.0%
Q1 2020-1.0%-0.6%+3.0%
Q4 2019+0.5%+3.2%-20.4%
Q3 2019+3.3%+2.6%+5.9%
Q2 2019-5.4%-9.2%-10.7%
Q1 2019+1.7%-0.6%-1.8%
Q4 2018-13.1%-14.8%-10.5%
Q3 2018-2.6%+2.4%+5.6%
Q2 2018-3.7%-3.6%+0.8%
Q1 2018-2.5%-3.4%+0.0%
Q4 2017+12.4%+20.6%+28.7%
Q3 2017+6.9%+10.0%+12.9%
Q2 2017+10.7%+11.8%+15.2%
Q1 2017+5.4%+5.4%+10.2%
Q4 2016-4.8%-4.5%-5.0%
Q3 2016-4.9%-1.9%-11.5%
Q2 2016+3.4%+1.4%+14.8%
Q1 2016+2.1%
Q4 2015-27.6%
Q3 2015+0.7%
Q2 2015+5.0%
Q1 2015-29.0%
Q4 2014+16.3%
Q3 2014+8.5%
Q2 2014+23.7%
Q1 2014+8.5%
Q4 2013+1.8%
Q3 2013+2.6%
Q2 2013+13.3%
Q1 2013+1.4%
Q1 2011-1.9%
Q2 2011-1.9%
Q4 2010-1.9%
Q4 2012-4.1%
Q3 2011+1.7%
Q4 2011+1.7%
Q3 2012+2.1%
Q2 2012
Q1 2012

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