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Tenable Holdings, Inc. (NASDAQ: TENB) reported Q1 EPS of ($0.13), $0.05 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $80.3 million versus the consensus estimate of $78.34 million.
“We had another strong quarter and a great start to the year with 36% year-over-year revenue growth,” said Amit Yoran, Chairman and CEO of Tenable. “It’s clear that enterprises understand the immediate strategic importance of vulnerability management in reducing their cyber risk. The most innovative organizations also view vulnerability management as the foundation for Cyber Exposure, which will ultimately position them to understand and reduce cyber risk in the age of digital transformation.”
First Quarter 2019 Financial Highlights
- Revenue was $80.3 million, representing a 36% increase year-over-year.
- Calculated current billings was $81.2 million, representing a 25% increase year-over-year.
- GAAP loss from operations was $22.7 million, compared to a loss of $15.4 million in the first quarter of 2018.
- Non-GAAP loss from operations was $13.2…
