Tufin Announces Fourth Quarter and Full Year 2019 Results

Go back to Tufin Announces Fourth Quarter and Full Year 2019 Results

Tufin (TUFN) Misses Q4 EPS by 3c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus, Provides FY20 Revenue Outlook

February 13, 2020 7:54 AM EST

Tufin (NYSE: TUFN) reported Q4 EPS of ($0.07), $0.03 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $30.1 million versus the consensus estimate of $29.8 million.

Financial Highlights for the Fourth Quarter Ended December 31, 2019

Revenue:

Total revenue was $30.1 million, up 3% compared with the fourth quarter of 2018.Product revenue was $14.3 million, down 16% compared with the fourth quarter of 2018.Maintenance and professional services revenue... More