NASDAQ$QLYS
Qualys Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Qualys reported a 10% increase in Q4 revenue, reaching $144.6 million, and GAAP EPS of $1.08 and Non-GAAP EPS of $1.40.
Qualys announced its Q4 2023 financial results, showcasing a 10% year-over-year revenue increase to $144.6 million. The company's GAAP EPS stood at $1.08, with a non-GAAP EPS of $1.40. Qualys' strategic focus on consolidating security tools and platform integration drove financial success and increased module adoption.
- Q4 revenue increased by 10% year-over-year to $144.6 million.
- GAAP net income increased by 43% to $40.6 million, or $1.08 per diluted share.
- Non-GAAP net income was $52.8 million, or $1.40 per diluted share.
- Adjusted EBITDA increased by 20% to $65.8 million.
Headline financials
Revenue & EPS history
Qualys · Revenue · Quarterly
$145M
Forward guidance
Qualys provided financial guidance for Q1 2024, projecting revenues between $144.5 million and $146.5 million, and GAAP net income per diluted share between $0.84 and $0.92. For the full year 2024, Qualys anticipates revenues between $600.0 million and $610.0 million, with GAAP net income per diluted share between $3.11 and $3.43.
Tailwinds
- Revenue for Q1 2024 is expected to grow by 11% to 12% over the same quarter in 2023.
- GAAP net income per diluted share for Q1 2024 is projected to be in the range of $0.84 to $0.92.
- Non-GAAP net income per diluted share for Q1 2024 is expected to be in the range of $1.27 to $1.35.
- Full year 2024 revenue is anticipated to be in the range of $600.0 million to $610.0 million, representing 8% to 10% growth over 2023.
- GAAP net income per diluted share for the full year 2024 is expected to be in the range of $3.11 to $3.43.
Headwinds
- Guidance is subject to cautionary factors regarding forward-looking statements and non-GAAP financial measures.
- Actual dollar amount of reconciling items in the first quarter and full year 2024 is likely to have a significant impact on the Company’s GAAP net income per diluted share.
- A reconciliation of the non-GAAP net income per diluted share guidance to the GAAP net income per diluted share guidance is not available without unreasonable effort.
- Effective income tax rate of 22% is assumed for GAAP, and 21% for non-GAAP.
- Estimates are based on approximately 37.9 million weighted average diluted shares outstanding for the quarter and full year.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro