Qualys falls 8% despite earnings beat on margin concerns
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Qualys Inc (NASDAQ:QLYS) reported third quarter results that exceeded analyst expectations but saw shares tumble 8.1% in after-hours trading Monday amid concerns over operating margins. Still guessing which stocks will beat the market? Our AI portfolio updates…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue and earnings beat expectations, but lower operating margins drove an after-hours decline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Qualys reported adjusted EPS of $2.12 versus a $1.96 consensus.
- 02Third-quarter revenue was $188.0 million, up 11% year over year.
- 03Adjusted operating margin declined to 46% from 47% a year earlier.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets