Qualys Narrowly Beats on Q4 Revenue, Net

Qualys today reported its Q4 and 2012 results. For the quarter, revenue grew 19% on a year-over-year basis to land at $24.7 million, while non-GAAP net income was just over $2 million ($0.06 per diluted share) against a Q4 2011 loss of $16,000.

Both figures narrowly beat analyst projections of $24.5 million for top line and EPS of $0.05.

For fiscal 2012, the company's revenue was $91 million, with net profit nearly tripling to $2.7 million ($0.20 diluted EPS). Those numbers for the previous year were $76 million and $902,000 ($0.17).

Looking forward, Qualys is forecasting revenue of $24.4 million to $24.9 million in its current quarter. For the bottom line, the company expects anywhere from a loss of $0.01 per share to a profit of the same amount. For fiscal 2013, those ranges are $106 million to $108 million and $0.16 to $0.20, respectively.

Analysts had been projecting $25.3 million in revenue and $0.16 to $0.20 in EPS for the current quarter, and $108.6 million and $0.17 for the full year.

The article Qualys Narrowly Beats on Q4 Revenue, Net originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Qualys. The Motley Fool has no position in Qualys. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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