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 launched Nessus v10.0, expanding its platform capabilities to Raspberry Pi, enhancing accessibility for security teams, consultants, and students. This release allows remote vulnerability assessments, facilitating business operations without physical travel. Key features include a dynamic plugin feature that reduces database size and improves scan performance, a built-in packet capture for troubleshooting, and a new resource center for user guidance. Nessus v10.0 is designed to simplify vulnerability assessments, making them more intuitive and affordable.
Tenable has achieved a significant milestone, leading the global vulnerability management market with a 37.3% revenue share, as reported by Frost & Sullivan. This recognition stems from Tenable's consistent growth and innovation, particularly in delivering comprehensive vulnerability coverage across various infrastructures.
The report forecasts a robust demand for vulnerability management, with market revenues expected to grow at a CAGR of 16.3% from 2020 to 2025. Tenable's strategic vision and product advancements reinforce its leadership position in an evolving digital landscape.
Tenable, Inc. announced that its product Tenable.ot has been added to the Continuous Diagnostics and Mitigation (CDM) Program Approved Product List (APL). This inclusion allows federal agencies to purchase the software via the GSA Multiple Award Schedule. As cyber threats to operational technology (OT) increase, Tenable.ot provides essential visibility, security, and control for industrial networks. The announcement emphasizes the importance of safeguarding critical infrastructure, with Tenable serving over 30,000 organizations globally, including many Fortune 500 companies.
Tenable (TENB) reported Q3 2021 revenue of $138.7 million, a 23% increase year-over-year, driven by strong demand and the addition of 499 new enterprise customers. Despite a GAAP loss from operations of $11.2 million, non-GAAP income stood at $13.7 million. Free cash flow improved to $18.5 million. For Q4 2021, Tenable expects revenue between $143 million and $145 million, with non-GAAP diluted EPS projected at $0.02 to $0.03. This performance reflects growth in cloud and cyber risk management solutions.
Tenable (NASDAQ: TENB) will announce its third-quarter financial results on October 26, 2021, after U.S. market close. The conference call is scheduled for 4:30 p.m. ET on the same day, where executives will discuss the results. Investors can access a live webcast on Tenable's Investor Relations website. Tenable is recognized as a leader in Cyber Exposure, helping over 30,000 organizations worldwide mitigate cyber risk through its innovative platform, which includes the well-known Nessus product.
Tenable has achieved FedRAMP authorization for its cloud-based vulnerability management platform, Tenable.io. This allows U.S. federal agencies to deploy Tenable.io and Tenable.io Web Application Scanning across various departments. The authorization facilitates a transition to secure cloud technology, enhancing vulnerability management for federal clients. Tenable.io, powered by Nessus technology, offers comprehensive vulnerability coverage, helping organizations predict and remediate risks. The approval follows Tenable's prior certifications, which further validate its commitment to security in cloud services.
Tenable Holdings, Inc. (Nasdaq: TENB) has successfully acquired Accurics, Inc. for approximately $160 million in cash as of October 1, 2021. This acquisition is aimed at enhancing cloud-native security for DevOps teams, integrating Infrastructure as Code (IaC) into risk management. By combining their technologies, Tenable and Accurics will provide comprehensive lifecycle security, addressing IaC and runtime issues and supporting secure cloud deployments. This move positions Tenable as a leader in the rapidly evolving cyber exposure space.
Tenable has expanded its partnership with Splunk to enhance security within Active Directory and operational technology (OT) environments. New integrations for Tenable.ad and Tenable.ot enable users to identify security vulnerabilities directly through the Splunk interface, improving incident response and remediation workflows. These enhancements allow organizations to quickly address misconfigurations and vulnerabilities, thereby strengthening their defenses against cyberattacks targeting critical infrastructure. The integrations are available free to existing customers.
Tenable Holdings has announced its acquisition of Accurics for approximately $160 million. This strategic move aims to enhance Tenable's offerings in cloud-native security, specifically for Infrastructure as Code (IaC). Accurics' technology allows for programmatic risk detection and automated remediation, improving security throughout the infrastructure lifecycle. The acquisition is expected to close by late Q3 or early Q4 2021, further integrating Accurics’ solutions with Tenable’s existing products for comprehensive cloud security.
FAQ
What is the current stock price of Tenable Holdings (TENB)?
What is the market cap of Tenable Holdings (TENB)?
What does Tenable Holdings, Inc. specialize in?
What are some of Tenable's key products?
Who are Tenable's customers?
How has Tenable performed financially?
What recent achievements has Tenable made?
What differentiates Tenable from other cybersecurity companies?
When was Tenable founded?
What is Tenable's flagship product?
How does Tenable support government agencies?
Where can I find more information about Tenable?
