Tenable Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 07, 2024 at 02:43 am IST
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Tenable Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 213.31 million compared to USD 184.63 million a year ago. Net loss was USD 21.65 million compared to USD 21.49 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.19 a year ago.
For the full year, sales was USD 798.71 million compared to USD 683.19 million a year ago. Net loss was USD 78.28 million compared to USD 92.22 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 0.83 a year ago. Diluted loss per share from continuing operations was USD 0.68 compared to USD 0.83 a year ago.
Tenable Holdings, Inc. is a provider of exposure management solutions, which is engaged in managing, measuring, and comparing cybersecurity risk in complex information technology (IT) environments. The Companyâs solutions provide visibility into security issues, such as vulnerabilities, misconfigurations, internal and regulatory compliance violations, and other indicators. Its solutions include Tenable Vulnerability Management, Tenable Cloud Security, Tenable Identity Exposure, Tenable Web App Scanning, Tenable Lumin Exposure View, Tenable Attack Surface Management, Tenable Security Center, and Tenable OT Security. Web Application Scanning provides automated Vulnerability Scanning for modern Web applications. The Company's Tenable Vulnerability Management solutions offers risk-based view of traditional and modern attack surfaces. Its range of industries, including manufacturing, energy and industrials, technology, media and telecommunications, banking, and others.