Tenable Announces Third Quarter 2019 Financial Results
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Tenable Holdings, Inc. (TENB) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 & FY19 EPS Guidance Above Consensus
October 29, 2019 4:12 PM EDTTenable Holdings, Inc. (NASDAQ: TENB) reported Q3 EPS of ($0.07), $0.04 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $91.9 million versus the consensus estimate of $88.73 million.
Third Quarter 2019 Financial Highlights
Revenue was $91.9 million, representing a 32% increase year-over-year.Calculated current billings was $110.6 million, representing a 28% increase year-over-year.GAAP loss from operations was $18.3 million, compared to a loss of $21.1 million in the third quarter of 2018.Non-GAAP loss from operations was $7.7 million, compared to a loss of $12.2 million in the third quarter of 2018.GAAP net... More