earnings
confidence high
sentiment positive
materiality 0.70
Tenable Q2 revenue $221.2M (+13%), Non-GAAP EPS $0.31 vs $0.22; CCB $221.1M (+10%)
Tenable Holdings, Inc.
2024-Q2 EPS reported
-$0.25
revenue$437,202,000
- Revenue $221.2M (+13% YoY); Non-GAAP EPS $0.31 vs $0.22 YoY; GAAP net loss $14.6M (-$0.12).
- Calculated current billings $221.1M (+10% YoY), below expectations per CEO; GAAP operating margin -4%, Non-GAAP 19%.
- Unlevered free cash flow $36.5M; share repurchase of $25M (0.6M shares); cash $487M.
- Q3 guidance: revenue $222-224M, Non-GAAP EPS $0.28-0.30; FY2024 CCB $957-967M, revenue $889-895M, Non-GAAP EPS $1.16-1.19.
- Acquired Eureka Security (DSPM); added 408 enterprise platform customers; strategic alliance with Deloitte.