Welcome to our dedicated page for Tenable Holdings news (Ticker: TENB), a resource for investors and traders seeking the latest updates and insights on Tenable Holdings stock.
Tenable Holdings, Inc. (symbol: TENB) is a leading cybersecurity company that specializes in exposure management. Founded in 2002, Tenable has grown to serve over 43,000 organizations worldwide, including government agencies and more than 60% of the Fortune 500. Tenable's mission is to help businesses understand and mitigate cyber risk across their digital ecosystems.
Tenable is widely recognized for its innovative Nessus® vulnerability scanner, which has evolved into the cornerstone of its broad product portfolio. This portfolio includes Tenable.io, the first platform to offer live visibility into any asset on any computing platform, and Tenable Cloud Security, which simplifies risk management in multi-cloud and hybrid environments. The company recently achieved FedRAMP authorization for Tenable Cloud Security, enabling U.S. federal agencies to leverage its capabilities.
Tenable's solutions extend beyond traditional IT environments to include operational technology (OT) and Internet of Things (IoT) assets. The Tenable One platform integrates various security modules to provide comprehensive risk management, allowing organizations to prioritize vulnerabilities effectively.
Financially, Tenable has shown robust performance. In the fiscal year ended December 31, 2023, the company reported strong revenue growth and an increase in operating margins. Tenable's strategic acquisitions, such as the addition of Ermetic, have further enhanced its capabilities. The company recently announced a share repurchase program, demonstrating its commitment to enhancing stockholder value.
Tenable is continuously evolving to meet the complex security needs of its customers. Its recent achievements include the integration of advanced analytics and machine learning into its platforms, helping organizations gain deeper insights into their security postures. Tenable also actively participates in industry events and thought leadership, sharing expertise to help shape the future of cybersecurity.
To learn more about Tenable, visit their official website at tenable.com.
Tenable has enhanced its partnership with ServiceNow to integrate asset inventory and vulnerability data from Tenable.ot, facilitating streamlined IT and operational technology (OT) remediation workflows. This integration allows organizations to manage IT and OT vulnerabilities using a unified platform, thus improving visibility and control over assets in increasingly complex industrial networks. The integration is available at no cost to existing customers and will be discussed at the S4x22 ICS Conference on April 20.
Tenable (NASDAQ: TENB) will release its financial results for the first quarter ended March 31, 2022, after the market close on April 26, 2022. A conference call will follow at 4:30 p.m. ET to discuss the results. The event will be accessible via a live webcast on the Tenable Investor Relations website and by dial-in. This announcement reflects Tenable's ongoing communication with investors, highlighting its commitment to transparency in reporting financial performance.
Tenable has launched a new product certification program aimed at enhancing customer credibility while maximizing the value of its solutions. This initiative covers Tenable.io®, Tenable.sc™, and Tenable.ot™ and is designed to strengthen users' understanding of vulnerability management tools. The program includes a written and practical exam costing $195 and $295, respectively, enabling participants to showcase credentials on resumes and social media. This move addresses the widening skills gap in cybersecurity and supports career advancement opportunities.
Tenable has expanded its Technology Ecosystem, achieving a milestone of 100 partners and 200 unique integrations. These integrations enhance security practices by streamlining the vulnerability management process across various security applications. Available at no extra cost with Tenable products, this ecosystem allows for improved visibility, automated workflows, and better management of cybersecurity threats. Key industry players like BeyondTrust, CyberArk, and IBM are among the partners, underscoring Tenable's commitment to enhancing cyber risk management for its customers.
Tenable has announced new capabilities for Tenable.cs, its cloud-native application security platform, enhancing full lifecycle cloud security.
These features enable organizations to programmatically detect and fix cloud misconfigurations during the Software Development Lifecycle (SDLC), ensuring secure deployments and runtime. Tenable.cs aligns with the GitOps philosophy, integrating with developer tools for improved security.
This solution is integrated with Tenable.ep and Tenable.io, offering unified visibility and analytics for comprehensive cyber risk management.
Tenable Holdings, Inc. (Nasdaq: TENB) announced its agreement to acquire Cymptom, a leader in attack path management, aimed at enhancing cybersecurity measures. This acquisition will integrate Cymptom’s agentless platform into Tenable’s existing systems to strengthen threat evaluation and risk prioritization, utilizing the MITRE ATT&CK framework. The deal, terms undisclosed, is anticipated to close in Q1 2022, and aims to augment Tenable's capabilities in identifying exploitable vulnerabilities, thereby improving the security posture of approximately 40,000 organizations globally.
Tenable Holdings (NASDAQ: TENB) reported strong Q4 2021 financials with revenue of $149.0 million, up 26% year-over-year, and full-year revenue reaching $541.1 million, a 23% increase. The company added 562 new enterprise platform customers in Q4, with calculated current billings at $194.0 million, reflecting a 29% year-over-year growth. However, GAAP net loss was $11.0 million for Q4, worsening from a $1.9 million loss a year prior. The company anticipates Q1 2022 revenue between $152.0 million and $154.0 million.
Tenable (NASDAQ: TENB) will release its fourth quarter and full year financial results for 2021 on February 1, 2022, after U.S. market close. The company will conduct a conference call at 4:30 p.m. ET to discuss these results. Investors can access a live webcast through the Tenable Investor Relations website. The company, recognized for its Cyber Exposure solutions, serves over 30,000 organizations globally, including more than 50% of the Fortune 500, emphasizing its strong market presence and product reliability.
Tenable has appointed Ray Vicks as an independent director to its board, effective January 7, 2022. Vicks brings over 40 years of experience in finance and risk management, previously serving in leadership roles at HSC Healthcare System and PricewaterhouseCoopers. He is expected to contribute significantly as Tenable seeks to enhance its cybersecurity capabilities, especially in cloud security and risk analytics. Tenable's innovations have gained traction, with over 30,000 organizations relying on its expertise to mitigate cyber risks.
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