Tenable Reports Q2 Beat, Shares Jump 11%
<p><a href='https://financialmodelingprep.com/financial-summary/TENB'>Tenable (NASDAQ:TENB)</a> reported better-than-expected Q2 results, leading to more than an 11% increase in its share price in pre-market today.</p>
<p>During the second quarter, Tenable posted a profit per share of $0.22 on revenue of $195 million, surpassing the Street estimates for earnings of $0.13 on revenue of $190.26 million. The company also reported a 15% year-over-year increase in billings, with calculated billings exceeding $200 million.</p>
<p>Looking ahead, for the current quarter, Tenable forecasts EPS in the range of $0.18 to $0.19 on revenue of $198 million. This outlook exceeded Street expectations of $0.16 EPS on sales of $195.9 million.</p>
<p>For the full year 2023, Tenable's projected EPS is $0.67 on revenue of $787 million. This outlook also surpasses the Street estimates of $0.59 EPS on revenue of $781 million.</p>

NASDAQ:TENB