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Qualys ( QLYS ) stock toppled late Monday after the cybersecurity firm beat Q1 expectations but missed current-quarter earnings views and announced the appointment of former Zynga exec Melissa Fisher as CFO. Fisher succeeds Don McCauley, who in January announced his resignation, effective March 1. Besides CFO, Fisher served as an executive in financial planning and analysis, investor relations and treasury roles at social-gaming firm Zynga ( ZNGA ). Qualys stock was down more than 3.5% in after-hours trading after the company released its earnings report. For Q1, Qualys reported a record $46.2 million in sales and 21 cents earnings per share minus items, both ahead of the consensus estimates of 16 analysts polled by Thomson Reuters. Sales and EPS were up a respective 23% and 40% vs. the year-earlier quarter, vs. the consensus for $45.1 million and 15 cents. Results crushed the firm’s earlier view for $44.7 million to $45.4 million in sales and EPS ex items of 14-16 cents. For the current quarter, Qualys guided to $47.6 million to $48.3 million in sales and 15-17 cents EPS ex items, up 20% and flat, respectively, from the year-ago quarter. Sales met at the midpoint, but EPS missed analysts’ model for 18 cents. Qualys stock is down 21.5% for the year. Scalper1 News
Scalper1 News