Qualys Q1 revenue $113.4M (+17%), GAAP EPS $0.64, raises FY22 revenue guide to $484-486.5M

QUALYS, INC.

2022-Q1 EPS reported $0.64 revenue$113,420,000

GAAP net income $25.4M ($0.64/diluted share) vs $0.2M ($0.01) YoY; Non-GAAP EPS $0.89 vs $0.74.
Adjusted EBITDA $54.3M (48% margin), up 22% YoY; operating cash flow $79M (70% of revenue), +37%.
VMDR customer penetration reached 40%; launched Context XDR, enhanced Patch Management, and Multi-Vector EDR.
Board authorized $200M increase to share repurchase program.
Q2 2022 revenue guidance $118-119.5M; FY 2022 revenue raised to $484-486.5M.

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