Tenable Holdings Stock Price, News & Analysis

Tenable has announced new capabilities for Tenable.cs, its cloud-native application security platform, enhancing full lifecycle cloud security.

These features enable organizations to programmatically detect and fix cloud misconfigurations during the Software Development Lifecycle (SDLC), ensuring secure deployments and runtime. Tenable.cs aligns with the GitOps philosophy, integrating with developer tools for improved security.

This solution is integrated with Tenable.ep and Tenable.io, offering unified visibility and analytics for comprehensive cyber risk management.

Tenable Holdings, Inc. (Nasdaq: TENB) announced its agreement to acquire Cymptom, a leader in attack path management, aimed at enhancing cybersecurity measures. This acquisition will integrate Cymptom’s agentless platform into Tenable’s existing systems to strengthen threat evaluation and risk prioritization, utilizing the MITRE ATT&CK framework. The deal, terms undisclosed, is anticipated to close in Q1 2022, and aims to augment Tenable's capabilities in identifying exploitable vulnerabilities, thereby improving the security posture of approximately 40,000 organizations globally.

Tenable Holdings (NASDAQ: TENB) reported strong Q4 2021 financials with revenue of $149.0 million, up 26% year-over-year, and full-year revenue reaching $541.1 million, a 23% increase. The company added 562 new enterprise platform customers in Q4, with calculated current billings at $194.0 million, reflecting a 29% year-over-year growth. However, GAAP net loss was $11.0 million for Q4, worsening from a $1.9 million loss a year prior. The company anticipates Q1 2022 revenue between $152.0 million and $154.0 million.

Tenable (NASDAQ: TENB) will release its fourth quarter and full year financial results for 2021 on February 1, 2022, after U.S. market close. The company will conduct a conference call at 4:30 p.m. ET to discuss these results. Investors can access a live webcast through the Tenable Investor Relations website. The company, recognized for its Cyber Exposure solutions, serves over 30,000 organizations globally, including more than 50% of the Fortune 500, emphasizing its strong market presence and product reliability.

Tenable has appointed Ray Vicks as an independent director to its board, effective January 7, 2022. Vicks brings over 40 years of experience in finance and risk management, previously serving in leadership roles at HSC Healthcare System and PricewaterhouseCoopers. He is expected to contribute significantly as Tenable seeks to enhance its cybersecurity capabilities, especially in cloud security and risk analytics. Tenable's innovations have gained traction, with over 30,000 organizations relying on its expertise to mitigate cyber risks.

Tenable has appointed Brian Goldfarb as the new chief marketing officer, aiming to enhance its global marketing efforts and drive growth across its portfolio, particularly in cloud security, risk analytics, OT, and identity. Goldfarb, an industry veteran with experience at major companies like Google, Salesforce, and Microsoft, will leverage his expertise to strengthen Tenable's brand and product offerings. This strategic appointment is expected to further differentiate Tenable's core VM capabilities in the competitive cybersecurity market.

Tenable has been recognized as the only vendor named a November 2021 Customers' Choice in Gartner's Voice of the Customer: Vulnerability Assessment Report. This recognition reflects Tenable's leadership in the vulnerability assessment market and customer satisfaction, according to feedback from users. Gartner's methodology considers user interest and adoption based on review volume and recommendation willingness. Over 30,000 global organizations trust Tenable for cybersecurity, including a significant portion of the Fortune 500 and Global 2000.

Tenable has launched Tenable.cs, enhancing its platform with cloud-native security capabilities. Following the acquisition of Accurics, this solution addresses security throughout the DevOps lifecycle. It scans Infrastructure as Code to identify flaws and policy violations pre-deployment, helping organizations improve developer productivity while managing cloud security risks. Key features include a unified management console, real-time AWS posture monitoring, and better integration with development workflows. With over 30,000 clients, Tenable emphasizes collaboration between DevOps and security teams for enhanced innovation.