NASDAQ$TENB
Tenable Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Tenable completed the acquisition of Vulcan Cyber, enhancing the Tenable One Exposure Management Platform.
Tenable acquired Vulcan Cyber to expand its Exposure Management platform, aiming to enhance visibility, prioritization, and remediation across the attack surface. The financial outlook for Q1 2025 includes revenue between $233.0 million and $235.0 million, and non-GAAP diluted earnings per share between $0.26 and $0.27.
- Tenable closed its acquisition of Vulcan Cyber.
- The acquisition aims to enhance Tenable's Exposure Management platform.
- Financial outlook for Q1 2025 projects revenue between $233.0 million and $235.0 million.
- Non-GAAP diluted earnings per share for Q1 2025 are expected to be between $0.26 and $0.27.
Headline financials
Revenue & EPS history
Tenable · Revenue · Quarterly
$236M
Revenue by segment
Tenable · $202M total across 3 segments · Q3 2023
- Subscription Revenue$183M+16.9%90.9%
- Perpetual License and Maintenance$12.2M-3.6%6.1%
- Professional Services and Other$6.06M+11.6%3.0%
Forward guidance
Tenable provided financial outlook for Q1 2025 and full year 2025, incorporating the impact of the Vulcan Cyber acquisition.
Tailwinds
- Q1 2025 revenue is projected to be in the range of $233.0 million to $235.0 million.
- Q1 2025 non-GAAP income from operations is expected to be in the range of $40.0 million to $42.0 million.
- Q1 2025 non-GAAP net income is projected to be in the range of $32.0 million to $34.0 million.
- Q1 2025 non-GAAP diluted earnings per share are forecasted to be in the range of $0.26 to $0.27.
- FY 2025 calculated current billings are expected to be in the range of $1.045 billion to $1.060 billion.
Headwinds
- Q1 2025 assumes interest income of $3.8 million, interest expense of $7.0 million and a provision for income taxes of $3.6 million.
- FY 2025 revenue is projected to be in the range of $975.0 million to $985.0 million.
- FY 2025 non-GAAP income from operations is expected to be in the range of $205.0 million to $215.0 million.
- FY 2025 non-GAAP net income is projected to be in the range of $175.0 million to $185.0 million, assuming interest income of $15.3 million, interest expense of $28.3 million and a provision for income taxes of $13.4 million.
- FY 2025 unlevered free cash flow is projected to be in the range of $265.0 million to $275.0 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 2024
-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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