Tenable(US:TENB)2023-11-01 21:51Financial Performance & Growth - The company's Q3 2023 revenue reached $201.5 million, representing a 15% growth[9] - The company's Q3 2023 calculated current billings (CCB) was $224.7 million, an 8% increase[9] - The company forecasts revenue between $783 million and $791 million for the full year 2023[40] - The company anticipates calculated current billings between $879 million and $887 million for the full year[59] - The company's Q3 recurring revenue accounts for 95% of total revenue[9, 35] Market Position & Strategy - The company is a category leader in the Exposure Management market[24] - The company has approximately 43,000 customers, including ~60% of the Fortune 500 and ~40% of the Global 2000[24] - The company is ranked 1 by IDC in market share in the Worldwide Vulnerability Management market[30] Customer Acquisition & Value - The company is focused on landing higher value customers, with an increasing number of $100K+ ACV (Annual Contract Value) accounts[37] - The company is expanding its enterprise platform customer base[37] Profitability - The company achieved an 80% Non-GAAP Gross Margin in Q3 2023[24, 68] - The company's Q3 2023 Unlevered Free Cash Flow was $48.2 million[24] - The company's Q3 2023 Non-GAAP operating margin was 18%[58]