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Tenable (TENB) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.05 per share a year ago.
CyberArk protects organizations from external cyber threats. Tenable scans an organization's infrastructure for vulnerabilities.
Tenable Holdings: Vulnerable Security Platform
The Nasdaq-100 technology index has soared in 2023, and many individual stocks have done even better. But others have lagged behind, despite having very strong prospects for the future.
Amit Yoran, Tenable CEO, joins 'The Exchange' to discuss the company's earnings report, the cyber market and threats to the landscape.
Tenable has fallen sharply with other growth stocks as a result of a tough economic climate. In its latest earnings report, the cybersecurity specialist reduced its revenue forecast for 2023.
Tenable and Zscaler are both growing companies in the cybersecurity space. While they offer strong products, both companies are facing tough macro headwinds.
Tenable Holdings Inc posted first quarter financial results that beat Wall Street expectations, but the stock nosedived on the cyber security company's weak revenue guidance. For the period ended March 31, 2023, the Columbia, Maryland-based company reported earnings of $0.13 per share on revenue that grew 18.5% year-over-year to $188.8 million.
The headline numbers for Tenable (TENB) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tenable Holdings, Inc. (TENB) Q1 2023 Earnings Call Transcript.