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Qualys: 4Q Earnings Snapshot

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FOSTER CITY, Calif. (AP) _ Qualys Inc. (QLYS) on Wednesday reported fourth-quarter profit of $23.8 million.

The Foster City, California-based company said it had net income of 59 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 71 cents per share.

The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 71 cents per share.

The maker of security-analysis software posted revenue of $94.8 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $94.6 million.

For the year, the company reported profit of $91.6 million, or $2.24 per share. Revenue was reported as $363 million.

For the current quarter ending in April, Qualys expects its per-share earnings to range from 68 cents to 70 cents.

The company said it expects revenue in the range of $94.8 million to $95.4 million for the fiscal first quarter.

Qualys expects full-year earnings in the range of $2.60 to $2.65 per share, with revenue ranging from $399 million to $402 million.

Qualys shares have dropped nearly 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $117.50, a rise of 31% in the last 12 months.

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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