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

Tenable Holdings

02/05/2024 06:31

* Tenable Holdings Inc  TENB.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of
nineteen analysts for the quarter was for earnings of 17 cents
per share. Wall Street expected results to range from 17 cents
to 20 cents per share.
    * Revenue rose 14.4% to $215.96 million from a year ago;
analysts
expected $213.57 million. 
    * Tenable Holdings Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $14.39 million.
    * Tenable Holdings Inc shares had fallen by 8.9% this
quarter and
lost 2.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "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 $60.00 
This summary was machine generated from LSEG data May 2 at 05:31
a.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
 Mar. 31 2024      0.17           0.25           Beat
 Dec. 31 2023      0.14           0.25           Beat
 Sep. 30 2023      0.18           0.23           Beat
 Jun. 30 2023      0.13           0.22           Beat