Qualys, Inc. (NASDAQ:QLYS) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET

Company Participants

Blair King – Investor Relations

Sumedh Thakar – President and Chief Executive Officer

Joo Mi Kim – Chief Financial Officer

Conference Call Participants

Trevor Walsh – JMP Securities

Joe Fisher – Truist

Keith Weiss – Morgan Stanley

Curtis Bollinger – Summit Capital

Yun Kim – Loop Capital

Operator

Ladies and gentlemen thank you for standing by and welcome to the Qualys’ First Quarter 2022 Investor Call. [Operator Instructions]

I would now like to hand the conference over to your speaker for today, Blair King, Investor Relations. You may begin.

Blair King

Thank you, Tamada. And good afternoon and welcome to Qualys’ first 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 finally, as a reminder, the press release, prepared remarks and investor presentation are available on the Investor Relations section of our website.

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

Sumedh Thakar

Thank you, Blair. And welcome, everyone, to our first quarter earnings call.

Building on our momentum, we are very pleased to report a good start to the year reflecting another quarter of continued revenue growth acceleration and strong cash flow generation.

Beyond these headlines are several encouraging market trends and notable business highlights. Strong market dynamics and continued competitive differentiation are fueling our growth. We believe the continued increase in the attack surface coupled with the growing concerns over cyberattacks like ransomware and cyberwarfare is pushing organizations around the world to shed outdated, siloed, security and compliance systems and move to integrated security platforms to reduce their risk and response time as they future proof of their security architecture.