Qualys, Inc. (NASDAQ:QLYS) Q4 2022 Earnings Conference Call February 9, 2023 5:00 PM ET

Company Participants

Blair King - Vice President, Investor Relations & Corporate Development

Sumedh Thakar - President & Chief Executive Officer

Joo Mi Kim - Chief Financial Officer

Conference Call Participants

Dan Bergstrom - RBC Capital Markets

Joshua Tilton - Wolfe Research

Rob Owens - Piper Sandler

Brian Essex - JPMorgan

Rudy Kessinger - D.A. Davidson

Hamza Fodderwala - Morgan Stanley

Operator

Good day, and thank you for standing by. Welcome to the Qualys Fourth Quarter and Full year 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speakers today, Mr. Blair King. Please go ahead.

Blair King

Good afternoon, and welcome to Qualys' fourth quarter 2022 earnings call. Joining me today to discuss our results are Sumedh Thakar, our President and CEO; and Joo Mi Kim, our CFO.

Before we get started, I would like to remind you that our remarks today will include forward-looking statements that generally relate to future events or our future financial or operating performance. Actual results may differ materially from these statements. Factors that could cause results to differ materially are set forth in today's press release and our filings with the SEC, including our latest Form 10-Q and 10-K. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events.

During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in today's earnings press release. And as a reminder, the press release, prepared remarks and investor presentation are all available on the Investor Relations section of our website.

So with that, I'd like to now turn the call over to Sumedh.

Sumedh Thakar

Thanks, Blair, and welcome, everyone, to our fourth quarter earnings call. We delivered another quarter of strong financial performance; reflecting a year of accelerated revenue growth and industry-leading profitability.

In terms of innovation, 2022 was a strong year for Qualys as we expanded our platform and our market opportunity. We introduced Context XDR to enable high-fidelity detection and response capabilities for our customers. We released VMDR 2.0 with TruRisk to enable comprehensive risk scoring and ITSM integrations. We brought External Attack Surface Management into our CyberSecurity Asset Management application. We unified multiple context vectors around asset criticality, vulnerabilities and system misconfigurations with asset telemetry in a single agent and brought a unique EDR application to market.