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CLAIM #65722 · Qualys Inc (QLYS) · 2023Q1 earnings call · May 4, 2023 · due Dec 31, 2023

We expect that to kind of trend down because of that.

Joo Mi Kim · CFO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
We expect that to kind of trend down because of that.
Reported
we expect a full year 2023 EBITDA margin in the mid-40s and free cash flow margin in the mid-30s with full-year EPS in the range of $5.04 to $5.14, up from the prior range of $4.50 to $4.60.

In context

Joo Mi Kim (CFO): Yes. We maintain the low 40s because if you take a look at the year-over-year change, it's been a couple of hundred basis points contraction. So as an example, in Q1, it's a 45% EBITDA margin. A year ago, it was 48%. And I know that we ended the year in 2022 with a 45% EBITDA margin. We expect that to kind of trend down because of that.

Verify independently

SEC filings for QLYS · Claim quote is verbatim from the 2023Q1 earnings call.