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Jun 30, 2022
Qualys Q2 2022 Earnings Report
Qualys's Q2 2022 financial results were announced, with revenue growth of 20% year-over-year and GAAP EPS of $0.67; Non-GAAP EPS of $0.89.
Key Takeaways
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.
Qualys
Qualys
Forward Guidance
Based on information as of August 8, 2022, Qualys is issuing financial guidance for the third quarter and full year fiscal 2022.