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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 announced an integration with ServiceNow through the Tenable Apps 3.0 that enhances vulnerability management. This integration streamlines assessment and remediation, allowing IT teams to prioritize vulnerabilities effectively. It leverages Tenable’s Vulnerability Priority Ratings and Asset Criticality Rating to optimize remediation processes, saving time and resources. The integration supports both the Paris and Orlando releases of the Now Platform, aiming to improve data quality and reduce deployment time for joint customers.
Tenable has announced the launch of its Frictionless Assessment capabilities in Tenable.io, now available in AWS Marketplace. This revolutionary approach allows for continuous vulnerability management without deploying traditional scans or agents. The offering aims to enhance security in cloud environments, where workloads can rapidly change. Currently accessible to customers in Asia Pacific, a phased rollout is planned for all customers by the end of Q4 2020. Tenable continues to enable organizations to effectively assess and manage cyber risks in cloud environments.
Tenable, a leader in Cyber Exposure, announced enhancements to its Tenable Assure partner program, effective January 15, 2021. Key updates include an all-new certification program featuring concise training videos, a revamped partner portal for better collaboration, and expanded service delivery options for partners. These improvements aim to strengthen Tenable's commitment to its channel partners, enabling them to provide high-quality risk-based vulnerability management solutions. This initiative responds to the increasing demand for cyber risk management amid a global shift towards remote work.
Tenable, a leader in Cyber Exposure, announced the participation of its Chairman and CEO, Amit Yoran, and CFO, Steve Vintz, in several upcoming investor conferences. Vintz will attend the Stifel 2020 Virtual Midwest One-on-One Growth Conference on November 12, followed by the Wells Fargo TMT Summit 2020 on December 2 and the UBS Global TMT Virtual Conference on December 9. Both Yoran and Vintz will join the Barclays Global Technology, Media and Telecommunications Conference on December 10 for a virtual fireside chat. Further details and webcast links can be found on their investor page.
Tenable (NASDAQ: TENB) reported a revenue of $112.3 million for Q3 2020, marking a 22% year-over-year increase. They added 335 new enterprise customers and 56 six-figure customers. While GAAP loss from operations was $3.5 million, non-GAAP income stood at $12.4 million. Net cash from operations was $24.8 million with free cash flow of $16.7 million. For Q4, revenue guidance is projected between $113 million and $115 million.
Tenable, the Cyber Exposure company, has been chosen as the first vulnerability management partner for Splunk's new Mission Control platform. This collaboration allows SOC analysts to leverage Tenable.io for real-time visibility into cloud vulnerabilities within a unified workflow. The integration aims to enhance security by providing accurate vulnerability data and predictive technologies powered by Exposure.ai. Tenable also announced the upcoming launch of Frictionless Assessment for AWS, enabling uninterrupted evaluation of cloud assets. This service will be available to Tenable.io customers in Q4 2020.
Tenable (NASDAQ: TENB) will release its Q3 2020 financial results post-market on October 27, 2020. A conference call is scheduled for the same day at 4:30 p.m. ET to discuss these results. A live webcast will be accessible via the Tenable Investor Relations website, with a replay available until November 10, 2020. Established as a leader in Cyber Exposure, Tenable assists over 30,000 organizations globally in mitigating cyber risk, including over 50% of the Fortune 500.
Tenable has partnered with the Center for Internet Security to enhance cybersecurity for resource-constrained organizations. This collaboration aims to improve foundational cyber hygiene by implementing the CIS Controls Assessment Specification, which provides a clear path for organizations to boost their cybersecurity posture.
Tenable's innovative Tenable.sc™ dashboard automates adherence to these controls, making it more accessible for small and medium-sized organizations. The partnership also offers exclusive risk-based vulnerability management solutions to over 12,000 members of the MS-ISAC and EI-ISAC.
Tenable has launched a revolutionary Frictionless Assessment capability for AWS, allowing organizations to continuously assess their cloud compute instances without needing software deployments. This innovation responds to increased cloud adoption during the work-from-home economy, delivering real-time vulnerability detection without scheduling scans. By leveraging AWS Systems Manager Run Command, customers can manage cloud assets seamlessly. Frictionless Assessment will be available to Tenable.io users in Q4 2020, enabling businesses to confidently navigate cyber risks.
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