Qualys Appoints Todd Headley, Former CFO of Sourcefire, to Its Board of Directors

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Go back to Qualys Appoints Todd Headley, Former CFO of Sourcefire, to Its Board of Directors

Imperial Capital Cuts Price Target on Qualys (QLYS) Following 4Q; Anticipating Higher Growth Investments

February 9, 2016 1:58 PM EST

Imperial Capital maintained an Outperform rating on Qualys (NASDAQ: QLYS), and cut the price target to $30.00 (from $49.00), following the company's 4Q earnings report. QLYS reported revenue of $44.4mn, and adjusted EPS of $0.21, compared with Street estimates of $44.6mn and $0.17, respectively. Imperial lowered FY16 EPS estimates due to higher anticipated growth... More