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Why Qualys (QLYS) Stock Is Nosediving

Shares of cloud security and compliance software provider Qualys (NASDAQ:QLYS) fell 10.1% in the morning session after the company reported fourth-quarter results and gave full-year revenue guidance that was below expectations, suggesting a slowdown in demand. Revenue was also roughly in line during the quarter, led by softness in the international market, with revenue in the segment falling below expectations. Free cash flow declined significantly compared to recent quarters, though it came in
Hamza Fodderwala What Happened Cloud Security
Source: yahoo.com

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