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Cloud Stocks: Qualys Focuses on SMB Segment for Growth

According to a recent report, the global cloud security market is estimated to grow 14% annually over the next few years to become a $77.5 billion market by 2026. The industry was pegged at $40.8 billion in 2022. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its fourth quarter results that surpassed market expectations. The company is continuing to invest in product development as it tries to expand its market reach. Qualys's Financials For the fourth quarter of the year, Qualys's revenues grew 19% over the year to $130.8 million, surpassing the market's estimates of $130.1. Net income of $28.3 million was higher than the $21.8 million reported a year ago. On an adjusted basis, it reported an EPS of $1.01 compared with the market's estimates of $0.84. For the year, Qualys saw revenues grow 19% to $489.7 million. Net income for the year of $146.5 million, or $3.72 per share was higher than previous year's $129.3 million, or $3.22 per ....

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Qualys Expands Cloud Platform for Both Large Enterprises and Small/Medium Businesses Looking to Prioritize and Reduce Risk

/PRNewswire/ Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced. ....

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Qualys Stock: Sensationally Profitable CyberSecurity Stock (NASDAQ:QLYS)

Qualys is profitable, rapidly growing, and serving an elite list of enterprise customers. Read more to learn why I label QLYS stock a Buy. ....

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TAC Security's Risk-based Vulnerability Management Product ESOF Introduces Product Cyber Score

San Francisco, California (PRWEB) April 12, 2022 Remote working and global expansion have led organizations to depend on various tools and products to ....

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Qualys Multi-Vector EDR update prioritizes alert response

The latest version of the Qualys Multi-Vector EDR tool includes additional threat-hunting and risk mitigation capabilities, improving alert prioritization and reducing the time needed to respond to threats. ....

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