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.
Tenable has announced new features for Terrascan, its open-source cloud-native security analyzer, aimed at enhancing security for Infrastructure as Code (IaC). The updates allow organizations to integrate security checks into DevOps workflows, mitigating risks before infrastructure deployment. Key features include expanded IaC vulnerability identification, major container registry integration, flexible workflows for policy enforcement, and an improved user interface. These advancements are designed to help organizations adhere to security best practices and eliminate risks effectively.
Tenable has been awarded Vendor of the Year by Ingram Micro, recognizing its robust partner-led strategy and commitment to mutual growth. The award, presented during the virtual 2022 Marketing Experience Event, highlights Tenable's effective collaboration with partners to secure digital assets amid a changing threat landscape. Tenable's Assure partner program facilitates innovative security solutions, enhancing partner engagement and customer value. The accolade underscores Tenable's dedication to channel excellence, serving over 30,000 organizations globally, including a significant portion of the Fortune 500.
Tenable announced its 2021 Investor Day set for December 15, 2021, hosted virtually starting at 12:00 PM ET. The event aims to update stakeholders on strategic initiatives, featuring insights from Tenable's senior leadership team. Participants can engage in an executive Q&A session for further clarity. Tenable, known for its Cyber Exposure solutions and the development of Nessus, serves over 30,000 organizations globally, including more than 50% of the Fortune 500. For detailed information and webcast links, visit Tenable Investors.
Tenable announced an expanded partnership with IBM Security X-Force Red to enhance Active Directory security services. This collaboration aims to continuously detect and prevent attacks in real-time, utilizing Tenable.ad alongside X-Force Red's experienced team. With Active Directory being a prime target for cyberattacks, the partnership focuses on identifying misconfigurations and other vulnerabilities, prioritizing risks, and managing the remediation process. Tenable emphasizes the necessity of addressing these vulnerabilities to mitigate security risks effectively.
Tenable, the Cyber Exposure company, announced CFO Steve Vintz's participation in two investor conferences. The upcoming events include the Stifel 2021 Virtual Midwest One-on-One Growth Conference on November 11, 2021 and Wells Fargo's 5th Annual Virtual TMT Summit on December 2, 2021. These conferences aim to engage investors and highlight Tenable's commitment to cyber risk management. With over 30,000 organizations relying on Tenable for security solutions, the company's innovative approach continues to gain traction in the cybersecurity landscape.
Tenable has been recognized as a Leader in Forrester’s new report, "The Forrester Wave™: Industrial Control Systems (ICS) Security Solutions, Q4 2021." The report evaluated vendors based on 27 criteria, with Tenable scoring 5.0 in seven critical areas including ICS Protocol Support and Vulnerability Risk Management. This recognition highlights Tenable.ot's capacity to unify IT and OT security, essential for organizations facing escalating cyber threats. Additionally, Tenable.ot is now part of the Continuous Diagnostics and Mitigation (CDM) Program, allowing federal agencies access to its services.
Tenable has launched Nessus v10.0, expanding its platform capabilities to Raspberry Pi, enhancing accessibility for security teams, consultants, and students. This release allows remote vulnerability assessments, facilitating business operations without physical travel. Key features include a dynamic plugin feature that reduces database size and improves scan performance, a built-in packet capture for troubleshooting, and a new resource center for user guidance. Nessus v10.0 is designed to simplify vulnerability assessments, making them more intuitive and affordable.
Tenable has achieved a significant milestone, leading the global vulnerability management market with a 37.3% revenue share, as reported by Frost & Sullivan. This recognition stems from Tenable's consistent growth and innovation, particularly in delivering comprehensive vulnerability coverage across various infrastructures.
The report forecasts a robust demand for vulnerability management, with market revenues expected to grow at a CAGR of 16.3% from 2020 to 2025. Tenable's strategic vision and product advancements reinforce its leadership position in an evolving digital landscape.
Tenable, Inc. announced that its product Tenable.ot has been added to the Continuous Diagnostics and Mitigation (CDM) Program Approved Product List (APL). This inclusion allows federal agencies to purchase the software via the GSA Multiple Award Schedule. As cyber threats to operational technology (OT) increase, Tenable.ot provides essential visibility, security, and control for industrial networks. The announcement emphasizes the importance of safeguarding critical infrastructure, with Tenable serving over 30,000 organizations globally, including many Fortune 500 companies.
Tenable (TENB) reported Q3 2021 revenue of $138.7 million, a 23% increase year-over-year, driven by strong demand and the addition of 499 new enterprise customers. Despite a GAAP loss from operations of $11.2 million, non-GAAP income stood at $13.7 million. Free cash flow improved to $18.5 million. For Q4 2021, Tenable expects revenue between $143 million and $145 million, with non-GAAP diluted EPS projected at $0.02 to $0.03. This performance reflects growth in cloud and cyber risk management solutions.