Tenable Holdings Reports Q3 Earnings Beat on Revenue and EPS
Tenable Holdings (TENB) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a Non-GAAP EPS of $0.63, surpassing estimates by $0.12, while total revenue reached $276.38 million, representing a 9.5% year-over-year increase and beating projections by $4.78 million. Growth was supported by strong customer acquisition metrics, including the addition of 413 new enterprise platform customers and 39 net new six-figure customers. The company's dollar-based net expansion rate stood at 107%, signaling continued strength in upselling and expanding its existing customer base within the cybersecurity sector.
Tickers: $TENB
Topics: customer acquisition earnings beat net expansion rate revenue growth