Tenable Holdings Inc
0ZC0.L
$26.41 -1.40%
Exchange: LSE | Sector: Technology | Industry: Software Services
Q3 2024
Published: Nov 5, 2024

Earnings Highlights

  • Revenue of $227.09M up 12.7% year-over-year
  • EPS of $-0.08 increased by 40.5% from previous year
  • Gross margin of 77.8%
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0ZC0.L
Company 0ZC0.L

Executive Summary

Tenable Holdings Inc reported QQ3 2024 revenue of $227.1 million, representing a 12.7% year-over-year increase and 2.6% quarter-over-quarter growth. The gross margin remained robust at 77.8%, delivering a gross profit of $176.6 million. Despite top-line strength, GAAP profitability remained constrained with operating income of -$2.1 million and net income of -$9.21 million, translating to a negative net margin of -4.06% and an EPS of -0.077. On a positive note, EBITDA stood at $12.8 million with an EBITDA margin of 5.65%, and free cash flow reached $52.7 million, underscoring meaningful cash generation even as operating expenses remain elevated.

Key Performance Indicators

Revenue
Increasing
227.09M
QoQ: 2.64% | YoY: 12.68%
Gross Profit
Increasing
176.59M
77.76% margin
QoQ: 2.40% | YoY: 13.36%
Operating Income
Increasing
-2.08M
QoQ: 76.38% | YoY: 73.68%
Net Income
Increasing
-9.21M
QoQ: 36.79% | YoY: 40.82%
EPS
Increasing
-0.08
QoQ: 35.58% | YoY: 40.54%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 252.44 0.02 +11.2% View
Q2 2025 247.30 -0.12 +11.8% View
Q1 2025 239.14 -0.19 +10.7% View
Q4 2024 235.73 0.02 +10.5% View
Q3 2024 227.09 -0.08 +12.7% View