Financial PerformanceQualys reported non-GAAP EPS of $1.45, beating consensus estimates, coupled with a solid revenue increase of 12% year-over-year.
Growth StrategyWith a focus on expanding its partner ecosystem, Qualys has achieved notable revenue growth from channel partners, significantly outpacing direct sales.
Market PositionQualys, as one of the leading stand-alone vendors in the vulnerability management software market, is set to benefit from industry growth and increasing demand for cybersecurity solutions.