Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Qualys' second quarter of 2024 earnings report indicates a mixed financial performance amidst a competitive and tight IT spending environment.</li><li>The company, a renowned provider of cloud security and compliance solutions, reported an increase in revenues by 8%, reaching $148.7 million.</li><li>This growth is supported by its strong channel contributions, which now represent 46% of total revenues, showing a 17% growth as compared to direct sales which grew by 2%.</li></ul>

Qualys' second quarter of 2024 earnings report indicates a mixed financial performance amidst a competitive and tight IT spending environment.The company, a renowned provider of cloud security and compliance solutions, reported an increase in revenues by 8%, reaching $148.7 million.This growth is supported by its strong channel contributions, which now represent 46% of total revenues, showing a 17% growth as compared to direct sales which grew by 2%.

Qualys Inc.: Comprehensive Product Offerings & TruRisk Elimination & Other Key Developments! - Financial Forecasts

<ul><li>Based on the first quarter 2024 earnings of Qualys, the company has evidenced a progressive trajectory with significant developments in its strategic sectors, specifically cybersecurity asset management.</li><li>The introduction of enhanced enterprise solutions such as VMDR with TruRisk and TotalCloud CNAPP reflects Qualys' adaptation to evolving market needs and emphasizes the ever growing complexity of cybersecurity threats.</li><li>These initiatives have notably increased product adoption across diverse verticals including healthcare, technology, retail, and financial services, suggesting robust demand and profitability potential.</li></ul>

Based on the first quarter 2024 earnings of Qualys, the company has evidenced a progressive trajectory with significant developments in its strategic sectors, specifically cybersecurity asset management.The introduction of enhanced enterprise solutions such as VMDR with TruRisk and TotalCloud CNAPP reflects Qualys' adaptation to evolving market needs and emphasizes the ever growing complexity of cybersecurity threats.These initiatives have notably increased product adoption across diverse verticals including healthcare, technology, retail, and financial services, suggesting robust demand and profitability potential.

Qualys Inc.: Will The Management Efforts Towards Expansion of Cloud Security Solutions Pay Off? - Major Drivers

<ul><li>Qualys, a leading provider of cyber security solutions through its cloud-based platform, reported robust results for the fourth quarter of 2023.</li><li>Revenues grew from prior-year levels, with reported revenues falling in line with expectations at $144.6 million.</li><li>Though calculated current billings showed notable growth, this was largely due to timing of invoicing of multiyear prepaid subscriptions and early renewals, and likely would not affect revenue recognition much earlier in the period.</li></ul>

Qualys, a leading provider of cyber security solutions through its cloud-based platform, reported robust results for the fourth quarter of 2023.Revenues grew from prior-year levels, with reported revenues falling in line with expectations at $144.6 million.Though calculated current billings showed notable growth, this was largely due to timing of invoicing of multiyear prepaid subscriptions and early renewals, and likely would not affect revenue recognition much earlier in the period.

Qualys Inc: What Are The 3 Biggest Challenges Faced By This IT Player? - Major Drivers

<ul><li>Qualys, Inc. delivered a solid result and managed an all-around beat last quarter, with a 13% revenue growth, reaching $142 million.</li><li>Channel partner growth outpaced direct growth at 17% versus 10%, with channel revenue contributing 43%.</li><li>Qualys boasted over 31 million agents supporting cloud workloads, positioning itself as a pioneer in Cloud Workload Protection, Security Posture Management, and Container Security.</li></ul>

Qualys, Inc. delivered a solid result and managed an all-around beat last quarter, with a 13% revenue growth, reaching $142 million.Channel partner growth outpaced direct growth at 17% versus 10%, with channel revenue contributing 43%.Qualys boasted over 31 million agents supporting cloud workloads, positioning itself as a pioneer in Cloud Workload Protection, Security Posture Management, and Container Security.

Qualys Inc.: Pioneering in Cloud Workload Protection - What Sets Them Apart? - Major Drivers

<ul><li>Qualys, Inc. delivered an all-around beat in the previous quarter.</li><li>The channel's share of revenue stayed at 43% from the previous quarter.</li><li>By geo, their overseas business rose 12%, outpacing the 16% rise in the U.S.</li></ul>

Qualys, Inc. delivered an all-around beat in the previous quarter.The channel's share of revenue stayed at 43% from the previous quarter.By geo, their overseas business rose 12%, outpacing the 16% rise in the U.S.

Qualys Inc.: How Deep Learning AI & ML Are About to Shift Cybersecurity Forever! - Major Drivers

United States

Qualys, Inc. provides information technology security risk and compliance management solutions. The Company offers products for vulnerability management, policy compliance, web application scanning, malware detection, and associated security products. Qualys conducts business in the United States.

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Qualys Inc (QLYS US)

Qualys Inc.: Comprehensive Product Offerings & TruRisk Elimination & Other Key Developments! - Financial Forecasts

Qualys' second quarter of 2024 earnings report indicates a mixed financial performance amidst a competitive and tight IT spending environment. The...

Baptista Research

Qualys Inc.: Will The Management Efforts Towards Expansion of Cloud Security Solutions Pay Off? - Major Drivers

Based on the first quarter 2024 earnings of Qualys, the company has evidenced a progressive trajectory with significant developments in its...

Baptista Research

Qualys Inc: What Are The 3 Biggest Challenges Faced By This IT Player? - Major Drivers

Qualys, a leading provider of cyber security solutions through its cloud-based platform, reported robust results for the fourth quarter of...

Baptista Research

Qualys Inc.: Pioneering in Cloud Workload Protection - What Sets Them Apart? - Major Drivers

Qualys, Inc. delivered a solid result and managed an all-around beat last quarter, with a 13% revenue growth, reaching $142 million. Channel...

Baptista Research

Qualys Inc.: How Deep Learning AI & ML Are About to Shift Cybersecurity Forever! - Major Drivers

Qualys, Inc. delivered an all-around beat in the previous quarter. The channel's share of revenue stayed at 43% from the previous quarter. By geo,...

Baptista Research

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