Qualys reported a strong second quarter with a 20% increase in revenue year-over-year, reaching $119.9 million. The company's GAAP EPS was $0.67, and non-GAAP EPS was $0.89. Qualys also raised its 2022 revenue guidance to $488.0-$489.5 million and increased both GAAP and non-GAAP EPS guidance.
Revenues for the second quarter of 2022 increased by 20% to $119.9 million compared to $99.7 million for the same quarter in 2021.
GAAP gross profit for the second quarter of 2022 increased by 21% to $94.8 million compared to $78.2 million for the same quarter in 2021.
GAAP net income for the second quarter of 2022 was $26.6 million, or $0.67 per diluted share.
Management expects revenues for the third quarter of 2022 to be in the range of $124.5 million to $125.1 million, representing 19% growth over the same quarter in 2021.
Based on information as of August 8, 2022, Qualys is issuing financial guidance for the third quarter and full year fiscal 2022.
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