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. (NASDAQ: TENB) is a cybersecurity company that focuses on exposure management, using an AI-powered platform to expose and help close cybersecurity gaps across IT, cloud, AI, identity, operational technology and other parts of the modern attack surface. The Tenable news feed on this page aggregates company announcements, research releases, analyst recognitions and other updates that reflect how Tenable is evolving its exposure management strategy.
News about Tenable often highlights developments in its Tenable One Exposure Management Platform and Tenable Cloud Security offerings. Readers can find coverage of earnings announcements and financial results, where Tenable discusses demand for its exposure management platform, trends in calculated current billings, operating performance and share repurchase activities. These items are typically accompanied by management commentary on how exposure management is being adopted as a more proactive approach to cybersecurity.
The company also issues news on product and platform enhancements, such as the launch of Tenable AI Exposure and updates to its Vulnerability Priority Rating (VPR), which it describes as powered by generative AI to improve risk prioritization. Additional articles cover research reports like the "State of Cloud and AI Security" study, which examines how hybrid, multi-cloud and AI-driven infrastructures are affecting risk, and how Tenable Cloud Security can help unify visibility and risk management in these environments.
Another recurring theme in Tenable’s news is industry and analyst recognition. Releases detail its designation as a Leader in the IDC MarketScape for exposure management, leadership positions in the Gartner Magic Quadrant for Exposure Assessment Platforms and The Forrester Wave for unified vulnerability management, and Customers’ Choice status in Gartner Peer Insights for CNAPPs. Readers can also expect updates on strategic initiatives such as the Exposure Management Leadership Council, public sector agreements like the OneGov arrangement with the U.S. General Services Administration, and key leadership appointments that shape Tenable’s technology and financial direction. Investors, security professionals and other stakeholders can use this news page to follow how Tenable’s exposure management offerings and market positioning develop over time.
Tenable (NASDAQ: TENB) reported a revenue of $112.3 million for Q3 2020, marking a 22% year-over-year increase. They added 335 new enterprise customers and 56 six-figure customers. While GAAP loss from operations was $3.5 million, non-GAAP income stood at $12.4 million. Net cash from operations was $24.8 million with free cash flow of $16.7 million. For Q4, revenue guidance is projected between $113 million and $115 million.
Tenable, the Cyber Exposure company, has been chosen as the first vulnerability management partner for Splunk's new Mission Control platform. This collaboration allows SOC analysts to leverage Tenable.io for real-time visibility into cloud vulnerabilities within a unified workflow. The integration aims to enhance security by providing accurate vulnerability data and predictive technologies powered by Exposure.ai. Tenable also announced the upcoming launch of Frictionless Assessment for AWS, enabling uninterrupted evaluation of cloud assets. This service will be available to Tenable.io customers in Q4 2020.
Tenable (NASDAQ: TENB) will release its Q3 2020 financial results post-market on October 27, 2020. A conference call is scheduled for the same day at 4:30 p.m. ET to discuss these results. A live webcast will be accessible via the Tenable Investor Relations website, with a replay available until November 10, 2020. Established as a leader in Cyber Exposure, Tenable assists over 30,000 organizations globally in mitigating cyber risk, including over 50% of the Fortune 500.
Tenable has partnered with the Center for Internet Security to enhance cybersecurity for resource-constrained organizations. This collaboration aims to improve foundational cyber hygiene by implementing the CIS Controls Assessment Specification, which provides a clear path for organizations to boost their cybersecurity posture.
Tenable's innovative Tenable.sc™ dashboard automates adherence to these controls, making it more accessible for small and medium-sized organizations. The partnership also offers exclusive risk-based vulnerability management solutions to over 12,000 members of the MS-ISAC and EI-ISAC.
Tenable has launched a revolutionary Frictionless Assessment capability for AWS, allowing organizations to continuously assess their cloud compute instances without needing software deployments. This innovation responds to increased cloud adoption during the work-from-home economy, delivering real-time vulnerability detection without scheduling scans. By leveraging AWS Systems Manager Run Command, customers can manage cloud assets seamlessly. Frictionless Assessment will be available to Tenable.io users in Q4 2020, enabling businesses to confidently navigate cyber risks.
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.
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