FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — Qualys Inc. (QLYS) on Thursday reported fourth-quarter net income of $53.2 million.
On a per-share basis, the Foster City, California-based company said it had net income of $1.47. Earnings, adjusted for one-time gains and costs, were $1.87 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The maker of security-analysis software posted revenue of $175.3 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $173 million.
For the year, the company reported profit of $198.3 million, or $5.44 per share. Revenue was reported as $669.1 million.
For the current quarter ending in March, Qualys expects its per-share earnings to range from $1.76 to $1.83.
The company said it expects revenue in the range of $172.5 million to $174.5 million for the fiscal first quarter.
Qualys expects full-year earnings in the range of $7.17 to $7.45 per share, with revenue ranging from $717 million to $725 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QLYS at https://www.zacks.com/ap/QLYS
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