Tenable Holdings Q4 Adj EPS $0.25 Beats $0.14 Estimate, Sales $213.31M Beat $206.47M Estimate
Portfolio Pulse from mahesh@benzinga.com
Tenable Holdings (NASDAQ:TENB) reported Q4 adjusted EPS of $0.25, surpassing the $0.14 estimate, marking a 108.33% increase from last year. Sales reached $213.31M, exceeding the $206.47M estimate, up 15.53% from the previous year.
February 06, 2024 | 9:26 pm
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Tenable Holdings reported a significant beat on both EPS and sales estimates for Q4, with EPS at $0.25 vs. $0.14 estimate and sales at $213.31M vs. $206.47M estimate.
Beating both EPS and sales estimates significantly, especially with a 108.33% increase in EPS year-over-year, indicates strong financial health and operational efficiency. This outperformance is likely to positively influence investor sentiment and potentially lead to a short-term uptick in TENB's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100