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 (TENB) is a global leader in cybersecurity, specializing in exposure management and vulnerability intelligence. This news hub aggregates official press releases and trusted third-party coverage, providing investors with a centralized resource for tracking strategic developments in cloud security, risk prioritization, and regulatory compliance.
Discover comprehensive updates including earnings reports, product launches, and strategic partnerships. Our curated selection ensures visibility into Tenable's technological advancements and market leadership in addressing evolving cyber threats through its unified risk management platform.
Key coverage areas span enterprise software innovations, industry regulatory developments, and operational milestones. This page serves both novice and expert audiences by translating complex cybersecurity concepts into actionable business insights.
Bookmark this resource for direct access to verified updates about Tenable's performance and cybersecurity solutions. Regular updates ensure you maintain awareness of critical developments in vulnerability management and exposure assessment technologies.
Tenable announced new innovations to its Cyber Exposure Management Platform, Tenable Lumin, on October 5, 2020. These enhancements help organizations align cybersecurity with business objectives. Key features include Remediation Maturity for assessing remediation efficiency, Mitigations for evaluating risk responses, and Predictive Scoring for understanding overall cyber exposure. These tools aim to assist security teams in managing risks in modern environments, leveraging machine learning for proactive threat analysis. This holistic cybersecurity approach aims to enhance organizational resilience.
Tenable announced that Marty Edwards, Vice President of Operational Technology (OT) Security, has been appointed as the industry Co-Chair of the Control Systems Interagency Working Group (CSIWG). This initiative aims to enhance OT security across public and private sectors. Joined by government co-chair Rick Driggers, Edwards will spearhead strategies to fortify coordination and information sharing addressing OT risks. This appointment follows a warning from CISA and NSA about malicious activities targeting critical infrastructure through OT assets.
Tenable has achieved the "In Process" designation from FedRAMP for its cloud-based vulnerability management platform, Tenable.io, indicating active pursuit of federal authorization. This milestone allows the U.S. federal government to deploy Tenable.io across various agencies, enhancing cloud security. Tenable.io, powered by Nessus technology, offers comprehensive vulnerability coverage, providing organizations with a risk-based view of their assets. This achievement underscores Tenable's commitment to public sector security and expands its cloud service capabilities.
Tenable has announced that its Chairman and CEO, Amit Yoran, along with CFO Steve Vintz, will participate in two upcoming investor conferences. The D.A. Davidson 19th Annual Software and Internet Virtual Conference is scheduled for September 9, 2020, featuring a virtual fireside chat. Following that, they will attend Citi's 2020 Global Technology Conference on September 10, 2020, for one-on-one meetings. Tenable is a leader in Cyber Exposure, serving over 30,000 organizations worldwide, including more than half of the Fortune 500.
Tenable (Nasdaq: TENB) announced a public offering of 8,000,000 shares of its common stock at $31.95 per share, primarily by existing stockholders. The offering is expected to close on August 4, 2020, subject to customary conditions, with underwriters having a 30-day option to buy an additional 1,200,000 shares. Tenable will not receive proceeds from this sale, which is conducted under an SEC shelf registration. J.P. Morgan, Morgan Stanley, and Barclays are the lead underwriters.
Tenable (Nasdaq: TENB) announced a proposed underwritten public offering of 8,000,000 shares of common stock by existing stockholders. The company will not receive proceeds from this offering, which may include an additional 1,200,000 shares through a 30-day underwriter option. J.P. Morgan, Morgan Stanley, and Barclays are joint book-running managers for this offering. The offering is made under an effective shelf registration statement with the SEC, and the final terms will be disclosed in a subsequent prospectus.
Tenable (NASDAQ: TENB) reported Q2 2020 revenue of $107.2 million, a 26% increase year-over-year. The company added 341 new enterprise platform customers and achieved 50 net new six-figure customers. A notable highlight was the non-GAAP income of $5.7 million, the first since going public. Despite a GAAP loss from operations of $10.6 million, cash flow improved significantly, with $17.0 million provided by operations. The outlook for Q3 2020 is revenue between $108.0 million and $110.0 million and non-GAAP income of $3.0 million to $4.0 million.
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