Qualys Inc. (NASDAQ:QLYS) shares jumped 14.01% to $183.63 in after-hours trading Tuesday after the cybersecurity firm reported second-quarter results, where earnings per share of $1.98 topped analyst estimates of $1.68 by 17.9%.
Revenue, Margins Top Forecasts
Qualys, which declared results for the period ended Jun. 30, posted revenue of $182.18 million, up 11% year-over-year. That beat the analyst estimate of $178.68 million by 1.96%.
Adjusted EBITDA reached $83.8 million for the quarter, a 46% margin.
Raised Outlook
The company increased its full-year 2026 revenue guidance to $732 million to $738 million, compared with its previous forecast of $721 million to $727 million. It also raised its EPS guidance to $7.74 to $7.88 from the earlier range of $7.44 to $7.65.
Sumedh Thakar, Qualys’ president and CEO, said, “In Q2, we continued to execute well, demonstrated by another quarter of solid revenue growth and profitability.” On the earnings call, Thakar said pre-breach risk management now requires a vendor-neutral, agentic AI approach that goes beyond identifying theoretical exposure to autonomously quantifying and remediating actual exploitable risk.
InstaScan Launch
On Monday, Qualys launched InstaScan, a new capability within its Enterprise TruRisk Management platform that detects vulnerabilities within minutes of public disclosure using AI-driven “scanless scanning.” The tool, powered by an AI agent called Agent Insta, correlates new security advisories with an organization’s existing asset and threat data in real time.
Trading Metrics, Technical Analysis
Qualys has a market capitalization of $5.67 billion, with a 52-week high of $167.86 and a 52-week low of $74.51.
The Relative Strength Index (RSI) of QLYS stands at 66.08.
Over the past 12 months, the stock has gained 23.31%.
The stock is currently trading at about 93% of its 52-week range, remaining near its annual high.
Price Action: The stock closed at $161.06 on Tuesday, up 3.98%, according to Benzinga Pro data.
Benzinga’s Edge Stock Rankings indicate that QLYS has a negative price trend across all time frames.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: MMD Creative on Shutterstock.com
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