Tufin (TUFN) Tops Q2 EPS by 14c

Tufin (NYSE: TUFN) reported Q2 EPS of ($0.15), $0.14 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $23 million versus the consensus estimate of $21.94 million.

Business Outlook:

“I’m encouraged by the overall sequential business improvement we saw in the second quarter,” said Jack Wakileh, CFO. “Our pipeline remains healthy and is higher year over year. However, due to continued uncertainty associated with COVID-19 we will not be providing specific financial guidance for Q3 or the full year at this time. We intend to resume providing guidance as soon as we have enough visibility to do so and we will evaluate this on a quarter to quarter basis.”

For earnings history and earnings-related data on Tufin (TUFN) click here.

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