Tenable (TENB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - Tenable reported revenue of $235.73 million for the quarter ended December 2024, reflecting a year-over-year increase of 10.5% [1] - Earnings per share (EPS) for the quarter was $0.41, up from $0.25 in the same quarter last year, representing a significant increase [1] - The reported revenue exceeded the Zacks Consensus Estimate of $231.82 million by 1.69%, while the EPS surpassed the consensus estimate of $0.34 by 20.59% [1] Key Metrics - Current Billings were reported at $302.16 million, exceeding the average estimate of $295.71 million from seven analysts [4] - Subscription revenue reached $215.93 million, surpassing the six-analyst average estimate of $212.78 million, with a year-over-year growth of 11.4% [4] - Revenue from professional services and other was $7.97 million, exceeding the average estimate of $6.94 million, marking a year-over-year increase of 10.2% [4] - Revenue from perpetual license and maintenance was $11.83 million, slightly below the estimated $11.89 million, showing a decline of 3% compared to the previous year [4] Stock Performance - Tenable's shares have returned +10.4% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]