Recent Updates — TENB
Tenable Holdings reported third-quarter revenue of $276.4 million, a 9.5% increase year-over-year, and raised its full-year guidance. GAAP diluted earnings per share were $0.10 compared to $0.02 in the prior year period, while non-GAAP diluted EPS reached $0.63 against $0.42 previously. The company generated $72.5 million in net cash from operating activities and repurchased 6.8 million shares for $223.8 million. Tenable is an exposure management company that provides cybersecurity solutions to protect organizations.
Tenable Holdings, Inc. entered into a credit agreement on October 13, 2026, establishing a $400 million senior secured revolving credit facility. The new facility includes a $40 million sublimit for letters of credit and matures five years from the effective date, subject to springing maturity provisions tied to other material indebtedness. JPMorgan Chase Bank serves as administrative agent. Proceeds are designated for working capital and general corporate purposes. This transaction replaces a prior revolving credit facility that matured in July and complements convertible note financing announced in September 2026. Tenable is an exposure management company providing cybersecurity solutions to protect enterprises from security risks.
Tenable Holdings, Inc. appointed Charles Bell as a Class III director effective October 5, 2026, expanding the board from ten to eleven members. Bell, currently Executive Vice President at Microsoft Corporation with prior senior leadership roles at Amazon Web Services and Oracle, joins the Cybersecurity Risk Management Committee. The company granted him 10,386 restricted stock units vesting over three years and approved annual retainers of $40,000 for his board service. Tenable operates in the enterprise cybersecurity sector, providing AI-powered exposure management platforms to help organizations identify and mitigate security risks across IT and cloud environments.
Tenable Holdings, Inc. completed a private offering of $800 million aggregate principal amount of 0.25% Convertible Senior Notes due 2031 on September 15, 2026, including the full exercise of the initial purchasers' option to purchase an additional $75 million. The notes mature on September 15, 2031, with interest payable semiannually in arrears beginning March 15, 2027. The initial conversion rate is 22.3005 shares per $1,000 principal amount, equivalent to a conversion price of approximately $44.84 per share, representing a 40% premium over the September 10, 2026 closing price of $32.03. Net proceeds were approximately $778.8 million after deducting discounts and offering expenses. Tenable used these funds to pay approximately $64.1 million for capped call transactions, repurchase approximately $170.5 million of common stock concurrently with pricing, and fully repay term loans under its existing credit agreement, which was terminated effective September 15, 2026. The company operates in the cybersecurity industry, providing exposure management platforms to protect enterprises from security risks.
Tenable Holdings, Inc. reported financial results for the quarter ended June 30, 2026, announcing revenue of $268.5 million, representing an 8.6% year-over-year increase. The company achieved a GAAP operating margin of 4.6% and raised its full-year outlook, projecting 2026 revenue between $1.075 billion and $1.081 billion. Tenable also repurchased 5.2 million shares for $100.0 million during the quarter. The company operates in the cybersecurity industry, providing exposure management solutions.