As earnings season winds on down the road, four highly rated technology stocks — including chipmaker Integrated Device Technology (IDTI) and cybersecurity software company Qualys (QLYS) — reported hot profit Monday after the market closed. In most cases, they reported small to moderate revenue growth while earnings growth absolutely crushed estimates. Integrated Device Technology Memory and communications chipmaker Integrated Device Technology
Cloud-security company Qualys (QLYS) got mixed reviews from analysts Tuesday after reporting lower-than-expected Q1 revenue a day earlier and missing expectations on guidance. Pacific Crest Securities analyst Rob Owens in a research report Tuesday maintained a sector weight rating on Qualys, noting that investors had anticipated continued acceleration in revenue and, despite billings strength during Q1, are likely to be disappointed with both
Online security vendor Qualys late Monday gave Q2 EPS guidance well short of Wall Street expectations, and the high-flying stock, which had hit a record high in the regular session, was down hard in after-hours trading. The stock was down 27% after the company released its results, as its Q1 sales and Q2 sales outlook also missed. Qualys (QLYS) stock has risen 48% this year. Redwood City, Calif.-based Qualys reported Q1 earnings per share