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Tenable Holdings - TENB STOCK NEWS

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.

Overview of Tenable Holdings

Tenable Holdings (TENB) is a cybersecurity company that has redefined the approach to exposure management and vulnerability intelligence. As a pioneer in cybersecurity and vulnerability management, Tenable has built its reputation on providing organizations with actionable insights to accurately understand and reduce cyber risk. With its roots embedded in the creation of Nessus, its flagship vulnerability scanner, the company has evolved into a global provider that offers a unified platform to detect, analyze, and remediate vulnerabilities across diverse computing environments.

Core Business and Product Suite

Tenable is widely known for its innovative exposure management platform, which is designed to deliver live visibility into digital assets, networks, cloud environments, and on-premises infrastructure. The company’s primary offerings include comprehensive modules for vulnerability management, cloud security, compliance, operational technology security, active directory management, and advanced vulnerability analytics. By continuously scanning and correlating data across an organization’s entire digital footprint, Tenable empowers security teams to identify potential attack vectors and prioritize remediation actions based on risk severity.

The company has expanded its portfolio from the original Nessus vulnerability scanner to include integrated solutions such as:

  • Tenable One Exposure Management Platform: A consolidated dashboard that aggregates exposure data across disparate systems, enabling organizations to get a full-spectrum view of their security posture.
  • Tenable Cloud Security: Designed to provide simple, clear, and actionable insights into the security of cloud infrastructure and containerized environments, this module helps reduce risk by offering automated contextual risk analysis.
  • Tenable Patch Management: An autonomous solution that streamlines the remediation process by integrating vulnerability data with patch availability, ensuring that critical exposures are addressed with precision and efficiency.
  • Tenable Enclave Security: Tailored for public sector and regulated organizations, this solution meets stringent security and compliance needs by providing continuous discovery and analysis of IT assets and container environments.
  • Tenable Identity Exposure: Addresses the challenges of identity sprawl and misconfigurations across multiple platforms, delivering a unified view of identity risk and simplifying remediation strategies.

Market Position and Industry Integration

Tenable has established itself as a trusted partner for organizations ranging from small businesses to large enterprises and government agencies. Its solution is designed to integrate with a wide array of IT and security tools, reducing the complexity and fragmentation often seen in modern security environments. By unifying data from different sources, Tenable enables organizations to move from reactive patching and monitoring to proactive and prioritized risk management. This holistic approach positions Tenable well within its competitive landscape, where differentiated capabilities such as continuous exposure assessment and risk prioritization provide a clear advantage over traditional point tools.

Business Model and Revenue Generation

Tenable’s revenue model predominantly revolves around subscription-based software solutions and licensing agreements for its exposure management platform. The company leverages recurring revenue streams by offering ongoing support, updates, and access to its continuously evolving set of security tools. In doing so, it ensures that customers consistently receive the latest threat intelligence and security insights necessary to combat emerging vulnerabilities in an ever-changing digital environment.

Technological Innovations and Advanced Analytics

At the core of Tenable's strategy is its commitment to technological innovation. The platform utilizes advanced analytics and artificial intelligence to correlate data and provide contextual insights that drive prioritized and actionable remediation measures. With capabilities including automated vulnerability correlation, dynamic risk scoring, and real-time threat intelligence, Tenable stands out by translating complex technical data into clear, business-relevant language.

Customer Base and Global Reach

Tenable’s solutions are trusted by a broad spectrum of organizations including more than half of the Fortune 500 companies, major global enterprises, and various government agencies worldwide. This credibility is underpinned by its extensive track record and a deep understanding of the cybersecurity landscape, which allows the company to tailor its offerings to meet diverse regulatory and operational requirements.

Differentiation and Competitive Landscape

Unlike many security vendors that focus solely on tool-based solutions or siloed data sets, Tenable differentiates itself by providing a radically unified view of an organization’s exposure. Its solutions consolidate data across disparate sources, thereby reducing tool sprawl and enabling a streamlined approach to threat mitigation. This comprehensive methodology ensures that security teams have a clear, prioritized understanding of vulnerabilities and can allocate resources effectively to address the most pressing risk areas.

Operational Excellence and Industry Expertise

Tenable’s operational framework is built on decades of cumulative experience in cybersecurity. The company has continuously evolved by adapting to new technological challenges, integrating with emerging platforms such as Kubernetes, and addressing the complexities of cloud infrastructures. Its products are designed to meet the high standards demanded by enterprises and regulated public sector organizations that require robust, scalable security solutions.

Conclusion

In summary, Tenable Holdings exemplifies the effective convergence of technological innovation and cybersecurity expertise. The company has successfully transformed its foundational capabilities in vulnerability management into a comprehensive exposure management platform that provides actionable, real-time insights across a variety of digital environments. For organizations seeking to reduce cyber risk and gain a holistic view of their security posture, Tenable offers a deeply integrated, constantly evolving suite of solutions that addresses the multifaceted challenges of modern cybersecurity.

Rhea-AI Summary

Tenable has announced a new credit agreement consisting of a $375 million senior secured term loan and a $50 million senior secured revolving credit facility. The term loan carries an interest rate of 2.75% plus LIBOR, maturing in 2028, while the revolving facility's interest rate ranges from 2.00% to 2.50% over LIBOR, maturing in 2026. The proceeds from this credit facility will be used for general corporate purposes, including capital expenditures and acquisitions. The agreement was arranged by several banks, including JPMorgan and Bank of America.

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Tenable has been awarded the Technology Alliances Partner of the Year by BeyondTrust, a leader in Privileged Access Management. This recognition follows BeyondTrust's decision to name Tenable as its exclusive vulnerability management partner after exiting the market in 2020. Tenable aims to help organizations manage vulnerabilities and secure their most valuable assets efficiently. The partnership includes strategic integrations and a sales referral agreement, enhancing visibility and control over privileged accounts, benefiting joint customers.

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Tenable has partnered with CyberNB's Critical Infrastructure Security Operations Center (CI-SOC) to bolster Canada's critical infrastructure security. This first-of-its-kind collaboration allows Tenable to provide risk-based vulnerability management solutions, enhancing stakeholders' ability to predict and mitigate cybersecurity risks. Through this partnership, stakeholders will gain access to Tenable’s advanced analytics and technology, enabling them to identify vulnerabilities efficiently and share best practices for safeguarding critical infrastructure.

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Tenable announced a strategic collaboration with Deloitte to enhance security in smart manufacturing environments worldwide. As part of the initiative, Tenable.ot, a solution for securing IT/OT environments, will be showcased in Deloitte's Smart Factory @ Wichita. A study indicates that 86% of manufacturers view smart factories as vital for competitiveness in the next five years. This partnership addresses the growing importance of operational technology security, providing organizations with advanced threat detection and vulnerability management.

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Tenable has appointed Niloofar Razi Howe as an independent director, effective May 25, 2021. With extensive experience in cybersecurity and corporate strategy, Howe will contribute to Tenable's mission of enhancing digital transformation and cloud initiatives. Currently a senior partner at Energy Impact Partners, Howe's previous positions include chief strategy officer at RSA and Endgame. Tenable, trusted by over 30,000 organizations globally, aims to provide comprehensive cyber risk visibility across diverse environments, aligning with Howe's vision for holistic security solutions.

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Tenable has appointed Nico Popp as Chief Product Officer to lead global engineering and product management. Popp joins from Forcepoint, bringing substantial cybersecurity expertise, particularly in cloud solutions. His role aims to advance Tenable's Cyber Exposure vision, helping organizations better manage cyber risks across diverse environments. With a proven record of innovation and leadership in cloud services, Popp's appointment is expected to enhance Tenable's capabilities in digital transformation and risk prioritization.

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Tenable has announced that its Chairman and CEO, Amit Yoran, along with CFO Steve Vintz, will participate in several upcoming investor conferences. The events include the 16th Annual Needham Virtual Technology & Media Conference on May 19, 2021, exclusively featuring Steve Vintz, followed by the J.P. Morgan Global TMC Week on May 26, 2021, with both Yoran and Vintz attending. Lastly, Vintz will represent the company at the William Blair 41st Growth Stock Conference on June 2, 2021. Further details can be found on Tenable's investor website.

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Tenable (Nasdaq: TENB) reported Q1 2021 revenue of $123.2 million, a 20% year-over-year increase. The company added 331 new enterprise customers and 29 six-figure customers. Despite a GAAP loss from operations of $5.8 million, non-GAAP income reached $13.9 million, with non-GAAP diluted EPS at $0.13. Cash flow was strong, with $38.6 million from operations and $37.6 million in free cash flow. Looking ahead, TENB expects Q2 revenue between $124 million and $126 million and 2021 revenue of $520 million to $524 million.

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Tenable Holdings (NASDAQ: TENB) announced the acquisition of Alsid SAS, a leader in securing Active Directory, for approximately $98 million in cash, marking a significant milestone in Tenable’s strategy to enhance cyber risk management. This acquisition enables the launch of Tenable.ad, leveraging Alsid's technology to address vulnerabilities in Active Directory environments, which affects 90% of Fortune 1000 companies. CEO Amit Yoran emphasized the importance of understanding Active Directory security to manage cyber risks effectively.

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FAQ

What is the current stock price of Tenable Holdings (TENB)?

The current stock price of Tenable Holdings (TENB) is $31.44 as of April 18, 2025.

What is the market cap of Tenable Holdings (TENB)?

The market cap of Tenable Holdings (TENB) is approximately 4.0B.

What is the core focus of Tenable Holdings?

Tenable Holdings specializes in cybersecurity with a focus on exposure management and vulnerability intelligence, helping organizations identify and remediate cyber risks effectively.

How does Tenable generate its revenue?

Tenable primarily generates revenue through subscription-based software, licensing agreements, and recurring service models, which ensure consistent access to its evolving exposure management solutions.

What are some of the key products offered by Tenable?

Tenable offers a range of products including vulnerability management, cloud security, patch management, and identity exposure solutions, all integrated into a unified exposure management platform.

How does Tenable differentiate itself in the competitive cybersecurity market?

Tenable differentiates itself by providing a consolidated, real-time view of an organization's digital exposure, utilizing advanced analytics and AI to prioritize risk and streamline remediation efforts.

Who are the typical customers of Tenable Holdings?

Tenable serves a diverse customer base that includes more than half of the Fortune 500 companies, government agencies, global enterprises, and mid-sized organizations, all seeking comprehensive cybersecurity solutions.

What role does Tenable's technology play in managing cyber risks?

Tenable's platform leverages advanced analytics, continuous monitoring, and risk-based prioritization to deliver actionable insights, enabling security teams to address vulnerabilities proactively and reduce overall cyber risk.
Tenable Holdings

Nasdaq:TENB

TENB Rankings

TENB Stock Data

3.95B
117.99M
1.84%
92.57%
3.11%
Software - Infrastructure
Services-prepackaged Software
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United States
COLUMBIA