Qualys Plummets On Lowered 2015, Soft Q4 Guidance

By | November 2, 2015

Scalper1 News

Qualys (QLYS) stock plunged late Monday on Wall Street after the cybersecurity firm guided to Q4 sales below analyst projections and lowered it fiscal 2015 forecast. For its December quarter, Qualys expects $44.3 million to $44.8 million in revenue, which would be up 22% at the midpoint vs. the year-ago quarter, but below the consensus model for $45.8 million. The company also cut its fiscal 2015 revenue guidance to between $164.1 million and Scalper1 News

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