Qualys (QLYS) should deliver another quarter of strong sales and earnings growth when it reports Q1 financial results after the market closes Monday, with cybersecurity peer CyberArk Software (CYBR) on tap later this week. Analysts polled by Thomson Reuters expect the Redwood City, Calif.-based online security vendor to report earnings per share excluding items of 11 cents, up 120% compared with a year earlier. Revenue should climb 25% to $37.99
Here’s a rundown of the top five events to watch in the upcoming week: Two cybersecurity firms are set to report quarterly earnings: Qualys (QLYS) and CyberArk (CYBR). Qualys reports earnings after the close on Monday. Analysts expect earnings to increase 120%, while revenue is projected to rise 25%. Industry group peer CyberArk Software reports after the close on Thursday. The September 2014 IPO is expected to earn 5 cents a share on revenue of
CyberArk Software (CYBR) made a powerful move on the stock market today: it’s gaining steam after rebounding off of a key area. Industry group peers Palo Alto Networks (PANW) and Qualys (QLYS) have also found support at that level and are trading near highs. Watch this video to learn about a secondary buy zone that CyberArk shares recently provided. Follow Alissa Williams on Twitter: @IBD_AWilliams. RELATED: CEO Sees CyberArk As Refuge In Sea Of