Tenable Announces First Quarter 2020 Financial Results
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Tenable Holdings, Inc. (TENB) Tops Q1 EPS by 10c, Revenues Beat; Offers 2Q EPS Outlook Above Consensus, 2Q Revenue Views Below Consensus
April 28, 2020 4:12 PM EDTTenable Holdings, Inc. (NASDAQ: TENB) reported Q1 EPS of ($0.09), $0.10 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $102.6 million versus the consensus estimate of $100.02 million.
First Quarter 2020 Financial Highlights
Revenue was $102.6 million, representing a 28% increase year-over-year.Calculated current billings was $99.2 million, representing a 22% increase year-over-year.GAAP loss from operations was $21.7 million, compared to a loss of $22.7 million in the first quarter of 2019.Non-GAAP loss from operations was $7.7 million, compared to a loss of $13.2 million in the first quarter of 2019.GAAP net... More