Qualys raises 2023 EPS guidance after 13% Q3 revenue growth to $142.0 million
Qualys reported third-quarter 2023 revenue of $142.0 million, up 13% from a year earlier, and GAAP net income of $46.5 million, or $1.24 per diluted share, versus $0.71 a year earlier. The company raised its full-year 2023 GAAP EPS guidance to $3.71-$3.81 from $3.07-$3.22, which is a positive signal for shareholders, though the filing notes that about $0.29 of the quarter's EPS came from a change in tax estimates.
Key points
- Q3 2023 revenue was $142.0 million, up 13% from $125.6 million in Q3 2022.
- GAAP net income was $46.5 million, or $1.24 per diluted share, versus $0.71 a year earlier; about $0.29 per share reflected a tax estimate change.
- Full-year 2023 GAAP EPS guidance was raised to $3.71-$3.81 from $3.07-$3.22; non-GAAP EPS guidance rose to $5.04-$5.14 from $4.50-$4.65.
- Q3 operating cash flow was $92.4 million, up 119% from $42.2 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.