Tenable Announces Second Quarter 2020 Financial Results
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Tenable (TENB) PT Raised to $35 at Cowen
July 29, 2020 6:38 AM EDTCowen analyst Nick Yako raised the price target on Tenable (NASDAQ: TENB) to $35.00 (from $30.00) while maintaining an Outperform rating.
The analyst commented, "TENB reported strong 2Q results, as Tenable.io (cloud platform) drove continued enterprise customer growth (+24% y/y), leading to... More
Tenable Holdings, Inc. (TENB) Tops Q2 EPS by 9c, Revenues Beat; Offers 3Q & FY20 EPS/Revenue Outlook
July 28, 2020 4:16 PM EDTTenable Holdings, Inc. (NASDAQ: TENB) reported Q2 EPS of $0.04, $0.09 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $107.2 million versus the consensus estimate of $102.18 million.
Second Quarter 2020 Financial Highlights
Revenue was $107.2 million, representing a 26% increase year-over-year.Calculated current billings was $111.2 million, representing a 13% increase year-over-year.GAAP loss from operations was $10.6 million, compared to a loss of $22.2 million in the second quarter of 2019.Non-GAAP income from operations was $5.7 million, compared to a loss of $10.7 million in the second quarter of 2019.GAAP net... More