Tenable Holdings, Inc. develops cybersecurity exposure management software centered on the Tenable One Exposure Management Platform and the company’s Nessus vulnerability-management heritage. News about TENB commonly covers quarterly financial results, enterprise platform adoption, product and packaging updates, and AI-driven exposure-management capabilities such as Tenable Hexa AI.
Company updates also address cloud, identity, operational technology and cyber-physical systems security, including OT asset discovery and Tenable One OT Security. Additional recurring themes include investor communications, executive appointments, research on emerging exposure risks, and market recognition for the company’s exposure assessment and CPS protection offerings.
Tenable announced its agreement to acquire Eureka Security, a DSPM provider for cloud environments. The acquisition, expected to close this month, will integrate Eureka's capabilities into Tenable's CNAPP solution, enhancing data security posture management. This integration aims to provide better visibility and control over cloud data security risks, addressing vulnerabilities, misconfigurations, and over-privileged access. According to Tenable's 2024 Cloud Security Outlook, 95% of surveyed organizations faced cloud-related breaches in the last 18 months, with 92% experiencing sensitive data exposure. Tenable's acquisition of Eureka aims to offer comprehensive cloud security solutions and improve compliance, though it will not significantly impact revenue this year.
Tenable announced a strategic alliance with Deloitte to enhance cybersecurity solutions for clients. Deloitte has integrated the Tenable One Exposure Management Platform, Tenable Cloud Security, and Tenable OT Security into its portfolio. This collaboration focuses on improving vulnerability management, cloud security, and operational technology security. Tenable One offers unified visibility and context-driven risk analytics, helping clients prioritize and mitigate cyber risks. Jeff Brooks from Tenable highlighted the importance of data unification and risk assessment, while Will Burns from Deloitte emphasized the benefits of enriching their cyber ecosystem for clients.
Tenable announced that its CFO, Steve Vintz, will attend the 52nd J.P. Morgan Annual Global Technology, Media and Communications Conference and the 44th Annual William Blair Growth Stock Conference. The events are scheduled for May 20, 2024, and June 6, 2024, respectively.
Tenable Holdings, Inc. announced strong financial results for the first quarter of 2024, with revenue reaching $216.0 million, up 14% year-over-year. The company reported a calculated current billings of $197.8 million, up 12% year-over-year. Tenable also highlighted a GAAP operating margin of (4)% and a Non-GAAP operating margin of 17%. The company's exposure management solutions, including Tenable One and Cloud Native Application Protection Platform, are gaining traction among customers.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.