Tenable Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Tenable Holdings Inc TENB reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 30 cents to 31 cents per share.

• Revenue rose 11.8% to $247.30 million from a year ago; analysts expected $242.12 million.

• Tenable Holdings Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $14.71 million.

• Tenable Holdings Inc shares had fallen by 2.6% this quarter and lost 16.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 11 "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 $39.00, about 15.6% above its last closing price of $32.90

This summary was machine generated from LSEG data July 30 at 09:56 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)