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 Holdings (TENB) reported strong Q2 2024 financial results, with revenue reaching $221.2 million, up 13% year-over-year. The company's calculated current billings grew 10% to $221.1 million. Despite a GAAP operating loss of $8.8 million, Tenable achieved a non-GAAP income from operations of $42.8 million, significantly higher than the previous year.
Key highlights include:
- Non-GAAP diluted EPS of $0.31, up from $0.22 in Q2 2023
- Cash and short-term investments of $487.0 million as of June 30, 2024
- Addition of 408 new enterprise platform customers and 76 net new six-figure customers
Tenable also acquired Eureka Security to enhance its cloud data security offerings and formed a strategic alliance with Deloitte. The company provided a positive outlook for Q3 2024 and the full year, projecting continued growth in revenue and non-GAAP earnings.
Tenable, the Exposure Management company, has launched a Public Sector Advisory Board (PSAB) for the U.S. market. The inaugural members include Rob Joyce, former Director of Cybersecurity at the NSA, and Mark Weatherford, former Deputy Under Secretary for Cybersecurity at DHS. They will join Tenable's CEO Amit Yoran and SVP James Hayes.
The PSAB aims to address critical cybersecurity challenges and strengthen national cyber defenses by leveraging insights from key public sector influencers and cybersecurity leaders. This initiative focuses on enhancing public sector engagement and bolstering U.S. cyber posture against increasingly sophisticated foreign adversaries.
Both Joyce and Weatherford bring extensive experience in cybersecurity and government roles, emphasizing the importance of public-private collaboration in addressing evolving cyber threats and protecting critical infrastructure.
Tenable (NASDAQ: TENB), the Exposure Management company, has announced the date for its second quarter 2024 earnings conference call. The company will release its financial results for the quarter ended June 30, 2024, after the U.S. market close on Wednesday, July 31, 2024. Tenable will host a conference call at 4:30 p.m. ET on the same day to discuss the results.
Investors and interested parties can access the live webcast of the event on the Tenable Investor Relations website. For those who prefer to dial in, domestic callers can use 1-877-407-9716, while international callers can use 1-201-493-6779. A webcast replay will be available until Wednesday, August 14, 2024.
Tenable announced its agreement to acquire Eureka Security, a DSPM provider for cloud environments. The acquisition, expected to close this month, will integrate Eureka's capabilities into Tenable's CNAPP solution, enhancing data security posture management. This integration aims to provide better visibility and control over cloud data security risks, addressing vulnerabilities, misconfigurations, and over-privileged access. According to Tenable's 2024 Cloud Security Outlook, 95% of surveyed organizations faced cloud-related breaches in the last 18 months, with 92% experiencing sensitive data exposure. Tenable's acquisition of Eureka aims to offer comprehensive cloud security solutions and improve compliance, though it will not significantly impact revenue this year.
Tenable announced a strategic alliance with Deloitte to enhance cybersecurity solutions for clients. Deloitte has integrated the Tenable One Exposure Management Platform, Tenable Cloud Security, and Tenable OT Security into its portfolio. This collaboration focuses on improving vulnerability management, cloud security, and operational technology security. Tenable One offers unified visibility and context-driven risk analytics, helping clients prioritize and mitigate cyber risks. Jeff Brooks from Tenable highlighted the importance of data unification and risk assessment, while Will Burns from Deloitte emphasized the benefits of enriching their cyber ecosystem for clients.
Tenable announced that its CFO, Steve Vintz, will attend the 52nd J.P. Morgan Annual Global Technology, Media and Communications Conference and the 44th Annual William Blair Growth Stock Conference. The events are scheduled for May 20, 2024, and June 6, 2024, respectively.
Tenable Holdings, Inc. announced strong financial results for the first quarter of 2024, with revenue reaching $216.0 million, up 14% year-over-year. The company reported a calculated current billings of $197.8 million, up 12% year-over-year. Tenable also highlighted a GAAP operating margin of (4)% and a Non-GAAP operating margin of 17%. The company's exposure management solutions, including Tenable One and Cloud Native Application Protection Platform, are gaining traction among customers.
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