Qualys (QLYS) reported Q3 non-GAAP earnings late Tuesday of $1.56 per diluted share, up from $1.51 a year earlier.

Analysts polled by Capital IQ expected $1.34.

Revenue for the quarter ended Sept. 30 was $153.9 million, up from $142 million a year earlier. Analysts surveyed by Capital IQ expected $150.8 million.

For Q4, the company said it expects non-GAAP earnings of $1.28 to $1.38 per share on revenue of $154.5 million to $157.5 million. Analysts surveyed by Capital IQ expect EPS of $1.28 on revenue of $154.2 million.

For 2024, the company said it now expects non-GAAP EPS of $5.81 to $5.91, up from the prior outlook of $5.46 to $5.62. Analysts expect $5.58.

It also raises its 2024 revenue guidance to $602.9 million to $605.9 million from $597.5 million to $601.5 million previously. Analysts project $599.3 million.

Shares of Qualys jumped more than 19% in after-hours activity.

Price: 152.95, Change: +24.72, Percent Change: +19.28