NASDAQ$TENB
Tenable Holdings Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Tenable's Q4 2020 financial results were announced, showing revenue growth and increased customer acquisition.
Tenable reported a revenue of $118.1 million for Q4 2020, a 22% increase year-over-year. The company added 460 new enterprise platform customers and 66 net new six-figure enterprise platform customers during the quarter. GAAP loss from operations was $0.7 million, while non-GAAP income from operations was $15.4 million. Free cash flow was $16.7 million for the quarter.
- Revenue increased by 22% year-over-year, reaching $118.1 million.
- Added 460 new enterprise platform customers.
- GAAP loss from operations was $0.7 million, while non-GAAP income from operations was $15.4 million.
- Free cash flow was $16.7 million.
Headline financials
Revenue & EPS history
Tenable · Revenue · Quarterly
$118M
Revenue by segment
Tenable · $118M total across 3 segments · Q4 2020
- Subscription Revenue$102M+26.2%86.5%
- Perpetual License and Maintenance$12.5M-5.6%10.6%
- Professional Services and Other$3.37M+19.8%2.9%
Forward guidance
Tenable provided financial outlook for Q1 2021 and full year 2021.
Tailwinds
- Q1 2021 revenue is expected to be in the range of $118.0 million to $120.0 million.
- Q1 2021 non-GAAP income from operations is expected to be in the range of $7.0 million to $9.0 million.
- Q1 2021 non-GAAP net income is expected to be in the range of $5.0 million to $7.0 million.
- Q1 2021 non-GAAP diluted earnings per share is expected to be in the range of $0.04 to $0.06.
- Full year 2021 revenue is expected to be in the range of $510.0 million to $515.0 million.
Headwinds
- Q1 2021 non-GAAP net income assumes a provision for income taxes of $1.5 million.
- Q1 2021 expects 115.0 million diluted weighted average shares outstanding.
- Full year 2021 calculated current billings are expected to be in the range of $565.0 million to $575.0 million.
- Full year 2021 non-GAAP income from operations is expected to be in the range of $40.0 million to $45.0 million.
- Full year 2021 non-GAAP net income is expected to be in the range of $30.0 million to $35.0 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-1.9%
Avg return
Earnings day
-2.6%
Avg return
5 days after
-1.9%
Avg return
30 days after
42%
13 / 31 earnings
Positive
+20.6%
Q3 2022
Best reaction
-21.4%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.1% | -2.1% | +31.5% | |
| Q4 2025 | +0.2% | +16.1% | +6.7% | |
| Q3 2025 | +0.7% | -2.0% | -7.4% | |
| Q1 2025 | -9.2% | -7.2% | -4.3% | |
| Q4 2024 | +1.5% | -1.8% | -10.1% | |
| Q3 2024 | -5.2% | -7.4% | +0.4% | |
| Q2 2024 | -9.9% | -14.9% | -12.4% | |
| Q1 2024 | +0.5% | +1.2% | -6.2% | |
| Q4 2023 | +6.7% | +10.5% | -0.6% | |
| Q3 2023 | -16.1% | -12.1% | -3.2% | |
| Q2 2023 | +11.3% | +10.0% | -1.3% | |
| Q1 2023 | -21.1% | -20.5% | -17.3% | |
| Q4 2022 | +6.8% | +4.6% | +1.8% | |
| Q3 2022 | +20.6% | +24.3% | +17.3% | |
| Q2 2022 | -21.4% | -19.7% | -13.6% | |
| Q1 2022 | -2.1% | -4.6% | -14.5% | |
| Q4 2021 | -1.8% | -1.5% | +8.5% | |
| Q3 2021 | -1.2% | +0.5% | -3.1% | |
| Q2 2021 | -0.6% | -5.5% | -3.5% | |
| Q1 2021 | -8.1% | -13.1% | -2.5% | |
| Q4 2020 | -8.0% | -8.9% | -24.9% | |
| Q3 2020 | -1.9% | -6.8% | -4.1% | |
| Q2 2020 | +16.9% | +10.8% | +18.4% | |
| Q1 2020 | +6.0% | +0.6% | +20.7% | |
| Q4 2019 | -2.8% | -3.6% | -16.7% | |
| Q3 2019 | +12.5% | +7.3% | +17.4% | |
| Q2 2019 | -17.8% | -19.6% | -27.7% | |
| Q1 2019 | -9.6% | -13.7% | -20.0% | |
| Q4 2018 | -9.1% | -8.2% | +3.4% | |
| Q3 2018 | -8.2% | -9.5% | -11.2% | |
| Q2 2018 | +6.1% | +15.2% | +18.2% | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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