Investigation announced for Investors with losses from shares of Qualys, Inc. (NASDAQ: QLYS)

An investigation was announced for investors of Qualys, Inc. (NASDAQ: QLYS) shares over potential securities laws violations by Qualys, Inc. in connection with certain financial statements.

Investors who purchased shares of Qualys, Inc. (NASDAQ: QLYS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Qualys, Inc. (NASDAQ: QLYS) concerning whether a series of statements by Qualys, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Foster City, CA based Qualys, Inc., together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. Qualys, Inc. reported that its annual Total Revenue rose from $489.72 million in 2022 to $554.45 million in 2023, and that its Net Income increased from $107.99 million in 2022 to $151.59 million in 2023.

On February 5, 2024 the Investors Business Daily published a report on Qualys, Inc., that a Morgan Stanley anlyst report stated, "Microsoft recently announced plans to end its partnership with Qualys as the default provider of vulnerability scanning within Microsoft Defender, effective May 1. With Microsoft being one of Qualys' largest customers and partners, we see top-line risks as potentially material."

Shares of Qualys, Inc. (NASDAQ: QLYS) declined from $206.35 per share on December 19, 2023, to as low as $121.65 per share on August 07, 2023.

Those who purchased shares of Qualys, Inc. (NASDAQ: QLYS) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.