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. 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.
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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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