Tenable Holdings, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024 and Full Year Ending December 31, 2024
May 01, 2024 at 09:05 pm
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Tenable Holdings, Inc. provided earnings guidance for the second quarter ending June 30, 2024 and full year ending December 31, 2024. For the quarter, the company expects revenue in the range of $217.0 million to $219.0 million. Loss from operations to be $19.1 million to $17.1 million. Net loss to be $26.1 million to $24.1 million. EPS to be $0.22 to $0.20 per diluted share.
For the full year, the company expects revenue in the range of $900.0 million to $908.0 million. Loss from operations to be $36.3 million to $31.3 million. Net loss to be $62.5 million to $57.5 million. EPS to be $0.53 to $0.48 per diluted share.
Tenable Holdings, Inc. is a provider of exposure management solutions, which is engaged in managing, measuring, and comparing cybersecurity risk in complex information technology (IT) environments. The Companyâs solutions provide visibility into security issues, such as vulnerabilities, misconfigurations, internal and regulatory compliance violations, and other indicators. Its solutions include Tenable Vulnerability Management, Tenable Cloud Security, Tenable Identity Exposure, Tenable Web App Scanning, Tenable Lumin Exposure View, Tenable Attack Surface Management, Tenable Security Center, and Tenable OT Security. Web Application Scanning provides automated Vulnerability Scanning for modern Web applications. The Company's Tenable Vulnerability Management solutions offers risk-based view of traditional and modern attack surfaces. Its range of industries, including manufacturing, energy and industrials, technology, media and telecommunications, banking, and others.