Tenable Holdings (TENB) News & Sentiment

COLUMBIA, Md., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Tenable® , the exposure management company, today announced its co-chief executive officer and chief financial officer, Steve Vintz, and co-chief executive officer and chief operating officer, Mark Thurmond, will attend the Morgan Stanley Technology, Media & Telecom Conference. Vintz will also attend the Cantor Global Technology Conference.

Investors snapped up shares of some of America's largest artificial intelligence (AI) companies over the past couple of years, which isn't surprising since their incredibly strong returns have provided most of the propulsion that has driven the S&P 500 to back-to-back annual gains of more than 25%. The last time the market had a two-year stretch like that was in 1997 and 1998, as it headed toward the early 2000 peak of the dot-com bubble.

The enhanced features of the Tenable One Exposure Management Platform will bring together security visibility, insights, and actions across the entire attack surface. This means that users will have a clearer view of their security situation and be able to respond more effectively. Overall, it aims to improve security management.

Tenable Holdings, Inc. has strong fundamentals but has not performed as well as the S&P 500, leading to a change from a "Buy" to a "Hold" rating. Their Q4 2024 results were good, with a 10.5% increase in revenue compared to last year and earnings per share exceeding expectations, although growth is slowing down. The acquisition of Vulcan Cyber may help with long-term growth, but it also brings short-term expenses and risks related to integration.

Tenable Holdings, Inc. (NASDAQ:TENB) will hold its Q4 2024 Earnings Conference Call on February 5, 2025, at 4:30 PM ET. The call will feature company representatives including Erin Karney, Vice President of Investor Relations, and Co-CEOs Steve Vintz and Mark Thurmond. Various analysts from firms like Barclays, JPMorgan, and Morgan Stanley will also participate in the call.

While the revenue and earnings per share (EPS) for Tenable (TENB) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Tenable (TENB) reported quarterly earnings of $0.41 per share, which is higher than the Zacks Consensus Estimate of $0.34 per share. This is an increase compared to earnings of $0.25 per share from the same period last year.

Tenable (TENB) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

A leader in exposure management is constantly finding new ways to address the latest threats related to cloud technology, data, and artificial intelligence. They are committed to innovation in this field. Their focus is on staying ahead of potential risks.