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Tenable Holdings (TENB) Stock News, May-Sep 2022

TENB NASDAQ

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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CrowdStrike announced the appointment of Jennifer Johnson as its new Chief Marketing Officer, bringing over 20 years of experience in software marketing, particularly in cybersecurity. Johnson previously held leadership roles at Tenable (NASDAQ: TENB) and Amplitude (NASDAQ: AMPL), helping both companies through successful public offerings. Under her guidance, CrowdStrike aims to enhance brand awareness and global communications as it continues its impressive growth, having recently crossed $500 million in quarterly revenue and added a record 1,741 new subscription customers.

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Tenable announces CFO Steve Vintz will present at the Piper Sandler Growth Frontiers Conference on September 13, 2022, at 2:00 PM Central Time. This event highlights Tenable's role in cyber exposure management, with approximately 40,000 organizations worldwide relying on its services, including 60% of the Fortune 500 companies. Tenable is known for its innovative solutions for identifying and managing vulnerabilities in digital assets. For more details, visit Tenable’s investor relations page.

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Tenable has launched a new cloud security solution integrating Cloud Security Posture Management (CSPM) and vulnerability management into a single, agentless platform. This enhancement, introduced on August 10, 2022, features the Tenable Cloud Security Agentless Assessment and Live Results, which provide real-time visibility and continuous threat assessment. The solution promises faster remediation of vulnerabilities, especially zero-days, and includes multi-cloud discovery capabilities. Tenable aims to improve security and compliance for organizations using this advanced technology.

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Tenable has achieved the Application Security distinction in the AWS Security Competency, highlighting its expertise in cloud-native vulnerability management. This designation recognizes Tenable as a key partner in assisting organizations to boost their security posture within AWS environments. It emphasizes the company’s commitment to delivering comprehensive solutions backed by Nessus technology, which predicts security issues and streamlines vulnerability management. Approximately 40,000 organizations, including 60% of the Fortune 500, rely on Tenable to mitigate cyber risks effectively.

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Tenable Holdings, Inc. (NASDAQ: TENB) reported strong financial results for Q2 2022, with revenue increasing by 26% year-over-year to $164.3 million. The company added 540 new enterprise platform customers and 79 net new six-figure customers. However, it experienced a GAAP loss from operations of $23.2 million. Non-GAAP income from operations stood at $12.2 million, reflecting growth from $11.5 million in Q2 2021. Looking forward, TENB anticipates Q3 revenue between $169 million and $171 million. Cash and equivalents totaled $510.9 million as of June 30, 2022.

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Tenable has launched Nessus Expert, an advanced vulnerability assessment tool aimed at enhancing external attack surface management and Infrastructure as Code (IaC) security. This tool addresses critical cyber risks associated with external assets and cloud configurations, enabling organizations to identify vulnerabilities before deployment. Key features include External Attack Surface Discovery and IaC Scanning, streamlining security processes for DevSecOps. Tenable emphasizes that Nessus Expert represents a significant advancement in modern vulnerability assessment.

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Tenable (NASDAQ: TENB) announced it will release its Q2 financial results for the period ended June 30, 2022, after the U.S. market close on July 26, 2022. Following the release, Tenable will host a conference call at 4:30 p.m. ET to discuss the results. Interested parties can access a live webcast via the Tenable Investor Relations website. As a provider of cyber exposure solutions, Tenable serves around 40,000 organizations globally, including 60% of the Fortune 500.

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Tenable Holdings has officially completed its acquisition of Bit Discovery, enhancing its external attack surface management capabilities. This new offering, Tenable.asm, will allow organizations to identify and map their entire digital footprint, enabling improved security measures against potential attacks. The integration of foundational discovery functionalities into existing products, such as Tenable.io and Tenable.sc, is also set for early Q3 2022 at no extra cost. This acquisition is strategic for Tenable as it strengthens its position in the cybersecurity market.

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Tenable, the Cyber Exposure company, announced that CFO Steve Vintz will attend two investor conferences, accompanied by CEO Amit Yoran. The events include the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 23, 2022, and the 42nd Annual William Blair Growth Stock Conference on June 6, 2022. These presentations aim to discuss Tenable's role in cyber risk management, which is crucial for approximately 40,000 organizations globally, including 60% of the Fortune 500. For more information, visit tenable.com.

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Tenable has integrated Terrascan into its Nessus platform, enhancing cloud security capabilities for developers. This open-source Infrastructure as Code scanner allows for early detection of security issues in cloud applications. With over 500 predefined security policies, Terrascan helps streamline the development process by automating cloud security assessments, ultimately speeding up delivery and reducing risks. Tenable remains committed to the Terrascan community, focusing on usability and further development.

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FAQ

What is the current stock price of Tenable Holdings (TENB)?

Tenable Holdings (TENB) last closed at $42.13.

What is the market cap of Tenable Holdings (TENB)?

The market cap of Tenable Holdings (TENB) is approximately $4.4B.