Welcome to our dedicated page for Tenable Holdings news (Ticker: TENB), a resource for investors and traders seeking the latest updates and insights on Tenable Holdings stock.
Tenable Holdings, Inc. (NASDAQ: TENB) is a cybersecurity company that focuses on exposure management, using an AI-powered platform to expose and help close cybersecurity gaps across IT, cloud, AI, identity, operational technology and other parts of the modern attack surface. The Tenable news feed on this page aggregates company announcements, research releases, analyst recognitions and other updates that reflect how Tenable is evolving its exposure management strategy.
News about Tenable often highlights developments in its Tenable One Exposure Management Platform and Tenable Cloud Security offerings. Readers can find coverage of earnings announcements and financial results, where Tenable discusses demand for its exposure management platform, trends in calculated current billings, operating performance and share repurchase activities. These items are typically accompanied by management commentary on how exposure management is being adopted as a more proactive approach to cybersecurity.
The company also issues news on product and platform enhancements, such as the launch of Tenable AI Exposure and updates to its Vulnerability Priority Rating (VPR), which it describes as powered by generative AI to improve risk prioritization. Additional articles cover research reports like the "State of Cloud and AI Security" study, which examines how hybrid, multi-cloud and AI-driven infrastructures are affecting risk, and how Tenable Cloud Security can help unify visibility and risk management in these environments.
Another recurring theme in Tenable’s news is industry and analyst recognition. Releases detail its designation as a Leader in the IDC MarketScape for exposure management, leadership positions in the Gartner Magic Quadrant for Exposure Assessment Platforms and The Forrester Wave for unified vulnerability management, and Customers’ Choice status in Gartner Peer Insights for CNAPPs. Readers can also expect updates on strategic initiatives such as the Exposure Management Leadership Council, public sector agreements like the OneGov arrangement with the U.S. General Services Administration, and key leadership appointments that shape Tenable’s technology and financial direction. Investors, security professionals and other stakeholders can use this news page to follow how Tenable’s exposure management offerings and market positioning develop over time.
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Tenable has released a report at the RSA Conference 2023, detailing how generative AI is transforming security research. The report showcases four innovative tools created by the Tenable Research team to enhance efficiency in areas like reverse engineering, code debugging, and web application security. These tools are publicly available to the security research community via a GitHub repository. One highlighted tool, G-3PO, is introduced by Olivia Fraser, a Tenable Staff Research Engineer, in a detailed video. The report also addresses cognitive bias, suggesting how generative AI can be effectively utilized by researchers.
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Tenable has enhanced its Tenable One Exposure Management Platform to support on-premises and hybrid deployments through integration with Tenable Security Center 6.1. This upgrade simplifies exposure management, allowing customers to transition more swiftly to the cloud while maintaining flexibility in deployment options. Tenable is now the sole vendor providing exposure management for both on-premises and hybrid models. Customers gain access to advanced features like Lumin Exposure View and Attack Path Analysis, enhancing cyber risk visibility and remediation prioritization. Tenable Security Center 6.1 is set for general availability in Q2 2023, with a customer update webinar scheduled for May 11. Tenable serves nearly 43,000 organizations globally, including a significant portion of the Fortune 500, emphasizing its pivotal role in managing cyber risk.
Tenable Holdings (NASDAQ: TENB) reported robust Q1 2023 financial results, showcasing an 18% increase in revenue year-over-year, totaling $188.8 million. The calculated current billings reached $176.8 million, marking a 13% increase. Despite a GAAP loss from operations of $19.2 million and a net loss of $25.1 million, non-GAAP measures indicate strength with $18.1 million in income from operations and a net income of $13.1 million. Tenable added 379 new enterprise customers and launched enhanced security features, including cloud security posture management capabilities. For Q2 2023, revenue guidance is projected between $189.0 million and $191.0 million, while full-year revenue is expected between $775.0 million and $785.0 million.
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Tenable has enhanced its Technology Ecosystem Program to include Tenable OT Security, expanding its offerings in exposure management solutions. This strategic move aims to address the rising cyber threats by engaging over 125 security and IT partners, facilitating more than 250 product integrations. Key program benefits for partners include marketing support, use of APIs at no cost, and resources to streamline integration processes. Notably, the company also announced the winners of its Global Partner Awards during the Tenable AssureWorld 2023 virtual conference. With approximately 43,000 organizations trusting Tenable for cyber risk management, this expansion highlights the company's commitment to enhancing security frameworks and reducing vulnerabilities.
Tenable has announced that Wärtsilä will implement Tenable OT Security to enhance its operational technology (OT) asset management. This partnership aims to automate asset inventory collection, streamline compliance reporting, and improve vulnerability tracking. By utilizing this solution, Wärtsilä will enable its customers to visualize their OT environments, thereby mitigating supply chain risks and enhancing cybersecurity measures.
This deployment follows a significant challenge faced by Wärtsilä, which previously relied on manual data collection through spreadsheets. The advanced features of Tenable OT Security allow for accurate asset reporting, aiding in proactive cybersecurity strategies and compliance with industry standards.
Wärtsilä is recognized as a leader in sustainable technology and reported net sales of EUR 4.8 billion in 2021.
Tenable, the Exposure Management company, announced that its chairman and CEO, Amit Yoran, along with CFO, Steve Vintz, will participate in key industry events. They are scheduled to attend the 32nd Annual RSA Conference from April 24-27, 2023, and the 51st Annual J.P. Morgan Global Technology, Media & Communications Conference from May 22-24, 2023. Notably, Amit Yoran will also ring the NASDAQ closing bell on May 8, 2023, at 4:00 PM EDT, highlighting Tenable’s commitment to reducing cyber risk.
With approximately 43,000 organizations globally relying on Tenable's solutions, the company continues to be a leader in cybersecurity. For further information and webcast links, visit the Tenable investor relations page.
Tenable (NASDAQ: TENB), the Exposure Management company, will release its financial results for Q1 2023 after the U.S. market close on April 24, 2023. The company typically announces quarterly results on Tuesdays; however, this date precedes the RSA Conference on April 25. A conference call will be held at 4:30 p.m. ET to discuss the results, with a live webcast available on the Tenable Investor Relations website. The investor community can dial in domestically at 1-877-407-9716 or internationally at 1-201-493-6779. A replay of the event will be accessible until May 8, 2023.
Approximately 43,000 organizations worldwide, including about 60% of the Fortune 500, depend on Tenable to mitigate cyber risks.