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Tenable(TENB) - 2025 Q1 - Earnings Call Presentation
2025-07-09 13:36
Financial Performance - Q1 2025 revenue reached $239.1 million[12] - Q1 2025 unlevered free cash flow was $86.8 million[12] - Q1 2025 non-GAAP gross margin was 82%[12] - Q1 2025 recurring revenue was 96%[12] - The company forecasts revenue between $970 million and $980 million for the full year 2025[52] - The company forecasts unlevered free cash flow between $265 million and $275 million for the full year 2025[52] Market Position and Growth - The company is a category leader in Exposure Management[11] - The company has approximately 44,000 customers[12] - The company is ranked 1 in market share in Vulnerability Management[12, 23] - The total addressable market for cyber exposure is estimated at $33 billion with an 18% CAGR[29]
Tenable Named a Major Player in Inaugural IDC MarketScape for Worldwide Cloud-Native Application Protection Platforms
Globenewswire· 2025-06-30 13:00
COLUMBIA, Md., June 30, 2025 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today announced it has been named a Major Player in the debut IDC MarketScape: Worldwide Cloud-Native Application Protection Platform (CNAPP) 2025 Vendor Assessment (doc # US53549925, June 2025). Tenable's position as a Major Player in the IDC MarketScape is based on a comprehensive evaluation of its capabilities and strategies. The assessment criteria include structured discussions, interviews with market leaders, a ...
Vintz: Cyber has become integral to modern military operations
CNBC Television· 2025-06-20 11:36
All right. So, I want to kind of get your take on what we heard from the uh ambassador to NATO about the idea that if this threat, excuse me, this conflict escalates that cyber attacks that might be one of the first areas that we're going to see um some type of uh action between uh the nations and between this region. Um what are you seeing so far at least in the last week or so when it comes to cyber attacks related to the Israel Iran conflict.Uh sure. Um well it's first it's important to note that cyber h ...
Tenable (TENB) FY Conference Transcript
2025-06-10 18:12
Tenable (TENB) FY Conference June 10, 2025 01:10 PM ET Speaker0 Okay. Thank you for joining us. My name is Rudy Kessinger, security and infrastructure software here at D. A. Davidson. With us from Tenable, have co CEO, Mark Thurman Mhmm. SVP of FP and A, Chris Fritz. You guys for joining us. Speaker1 Our pleasure. For sure. Great. Thanks for having Speaker0 us. Mark, I think if you could start off by giving just quick overview of Tenable and maybe what I don't know if you guys call it this, maybe kind of Te ...
Tenable Announces Intent to Acquire Apex Security to Expand Exposure Management Across the AI Attack Surface
Globenewswire· 2025-05-29 13:00
Core Viewpoint - Tenable Holdings, Inc. intends to acquire Apex Security, Inc. to enhance its capabilities in managing cyber risks associated with the expanding AI attack surface [1][5]. Group 1: Acquisition Details - The acquisition aims to strengthen Tenable's ability to help organizations identify and mitigate cyber risks in an AI-driven environment [1]. - Apex Security, founded in 2023, has gained attention from notable investors and is recognized for its innovative approach to securing AI usage [3]. - The financial terms of the acquisition have not been disclosed, and the deal is expected to close later this quarter [5]. Group 2: Industry Context - The rapid expansion of generative AI tools and autonomous systems is increasing the attack surface, introducing new risks such as shadow AI applications and AI-generated code [2]. - Tenable's existing product, Tenable AI Aware, already assists thousands of organizations in detecting and assessing AI usage, and the addition of Apex's capabilities will enhance governance and policy enforcement [2][3]. - The integration of Apex's offerings into Tenable One is anticipated to deliver comprehensive exposure management solutions in the second half of 2025 [5]. Group 3: Strategic Implications - Tenable's strategy focuses on staying ahead of attack surface expansion by not only managing exposures but also eliminating them proactively [3]. - The acquisition aligns with the industry's trend of treating AI risks as part of broader exposure management rather than in isolation [4]. - The collaboration is expected to provide security teams with the necessary visibility and control to manage AI-generated exposure effectively [3][4].
Check Point to Acquire Veriti to Transform Threat Exposure Management and Reduce Organizations' Cyber Attack Surface
GlobeNewswire News Room· 2025-05-27 12:00
REDWOOD CITY, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- AI-fueled attacks and hyperconnected IT environments have made threat exposure one of the most urgent cybersecurity challenges facing enterprises today. In response, Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform. “The acquisit ...
Tenable Reveals 2025 Global Partner Award Winners
Globenewswire· 2025-05-20 13:00
Core Insights - Tenable announced the recipients of its Global Partner Awards during the fifth annual Tenable AssureWorld virtual partner conference, recognizing partners for their contributions to customer success in exposure management [1][2] - The awards included categories such as Global System Integrator of the Year awarded to IBM, Tenable OT Security Partner of the Year awarded to Siemens Energy, MSSP Partner of the Year awarded to Telefonica, and Global Technology Partner of the Year awarded to AWS [1] - Tenable emphasizes a partner-first approach, focusing on investing in and supporting channel partners to achieve collective success in cybersecurity [2] Company Overview - Tenable is positioned as the exposure management company, addressing cybersecurity gaps that can impact business value, reputation, and trust [4] - The company offers an AI-powered exposure management platform that integrates security visibility and action across various environments, including IT infrastructure and cloud [4] - Tenable serves approximately 44,000 customers globally, aiming to reduce business risk through effective exposure management [4] Partner Program - The Tenable Assure Partner Program provides partners with sales and marketing support, training, certification opportunities, and technical assistance to enhance their business capabilities [3] - The program is designed to help partners deliver exceptional exposure management and risk mitigation solutions [3]
Tenable Powers AI-Driven Exposure Management with Third-Party Data Connectors and Unified Dashboards
Globenewswire· 2025-05-15 13:00
Core Insights - Tenable has introduced significant enhancements to its flagship platform, Tenable One, including Tenable One Connectors and customizable risk dashboards, aimed at providing a comprehensive exposure management solution [1][6] - The platform addresses the challenges posed by the fragmented security landscape, where organizations typically manage an average of 83 disconnected tools, leading to operational inefficiencies and blind spots [2][6] - Tenable One integrates data from both native and third-party security tools, offering a unified view of organizational risk and enabling faster, smarter security decisions [3][4] Product Features - The new ecosystem of out-of-the-box Connectors allows seamless integration with various third-party tools, enhancing endpoint detection, cloud security, and vulnerability management [3] - The Tenable Exposure Data Fabric serves as the platform's scalable, cloud-native architecture, which normalizes and connects data across the security ecosystem [4] - Customizable risk dashboards are designed to streamline reporting processes, providing security teams with tailored insights that align with specific business roles and priorities [5] Market Context - The cybersecurity market is characterized by a saturation of point solutions that operate in isolation, which can hinder security efforts and leave organizations vulnerable [6] - Tenable's acquisition of Vulcan Cyber is highlighted as a strategic move to enhance its capabilities in the exposure management market, reinforcing its commitment to providing comprehensive security solutions [6][8]
Rapid7(RPD) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:32
Rapid7 (RPD) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Elizabeth Chwalk - Head of Investor RelationsCorey Thomas - Chairman & CEOTim Adams - CFOSaket Kalia - Managing DirectorAaron Samuels - Equity Research AssociateMark Zhang - AVP - Equity ResearchGregg Moskowitz - Managing Director, Enterprise softwareGray Powell - Managing DirectorRoger Boyd - Executive DirectorJoshua Tilton - DirectorAidan Perry - Equity Research AssociateJoseph Gallo - Senior Vice PresidentAdam Borg - Managin ...
Rapid7(RPD) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:30
Rapid7 (RPD) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Speaker0 Hello, and welcome to the Rapid7 First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Elizabeth Shiwak, Head of Investor Relations at Rapid7. You may begin. Speaker1 Thank you, operator, and good afternoon, everyone. We appreciate you joining us today to dis ...