February 11, 2013
Qualys (NASDAQ: QLYS ) today reported its Q4 and 2012 results. For the quarter, revenue grew 19% on a year-over-year basis to land at $24.7 million, while non-GAAP net income was just over $2 million ($0.06 per diluted share) against a Q4 2011 loss of $16,000.
Both figures narrowly beat analyst projections of $24.5 million for top line and EPS of $0.05.
For fiscal 2012, the company's revenue was $91 million, with net profit nearly tripling to $2.7 million ($0.20 diluted EPS). Those numbers for the previous year were $76 million and $902,000 ($0.17).
Looking forward, Qualys is forecasting revenue of $24.4 million to $24.9 million in its current quarter. For the bottom line, the company expects anywhere from a loss of $0.01 per share to a profit of the same amount. For fiscal 2013, those ranges are $106 million to $108 million and $0.16 to $0.20, respectively.
Analysts had been projecting $25.3 million in revenue and $0.16 to $0.20 in EPS for the current quarter, and $108.6 million and $0.17 for the full year.
More Expert Advice from The Motley Fool
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013
." I invite you to take a copy, free for a limited time. Just click here
to access the report and find out the name of this under-the-radar company.