Tenable Holdings Inc reports results for the quarter ended in December - Earnings Summary

Tenable Holdings

06/02/2024 23:26

* Tenable Holdings Inc  TENB.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 12 cents.  The mean expectation of
twenty analysts for the quarter was for earnings of 14 cents per
share. Wall Street expected results to range from 13 cents to 21
cents per share.
    * Revenue rose 15.5% to $213.31 million from a year ago;
analysts
expected $206.47 million. 
    * Tenable Holdings Inc's reported EPS for the quarter was a
loss
of 19 cents​.
    * The company reported a quarterly loss of $21.65 million.
    * Tenable Holdings Inc shares had risen by 2.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Tenable Holdings
Inc is $53.00 
This summary was machine generated from LSEG data February 6 at
11:25 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.14           0.25           Beat
 Sep. 30 2023      0.18           0.23           Beat
 Jun. 30 2023      0.13           0.22           Beat
 Mar. 31 2023      0.03           0.11           Beat