Business
Tenable Announces Fourth Quarter and Full Year 2021 Financial Results
Added 562 new enterprise platform customers and 100 net new six-figure enterprise platform customers in the fourth quarter.Fourth quarter revenue of $149.0
About this update from Tenable Holdings, Inc.
[{"type":"text","content":"Added 562 new enterprise platform customers and 100 net new six-figure enterprise platform customers in the fourth quarter.Fourth quarter revenue of $149.0 million, up 26% year-over-year; Full year revenue of $541.1 million, up 23% year-over-year.Fourth quarter calculated current billings of $194.0 million, up 29% year-over year; Full year calculated current billings of $617.2 million, up 25% year-over-year.Full year net cash provided by operating activities of $96.8 million; Unlevered free cash flow of $95.2 million. COLUMBIA, Md., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Cyber Exposure company, today announced financial results for the quarter and year ended December 31, 2021. \"Q4 capped a tremendous year for Tenable, and included accelerated year-over-year CCB growth of 29%,” said Amit Yoran, chairman and chief executive officer of Tenable. “In 2021, we dramatically expanded the types of connected assets that we assess to enable our customers to more fully measure and manage cyber risk, leveraging our unified platform, in the midst of escalating threats and cloud transformation.\" Fourth Quarter 2021 Financial Highlights Revenue was $149.0 million, a 26% increase year-over-year.Calculated current billings was $194.0 million, a 29% increase year-over-year.GAAP loss from operations was $12.9 million, compared to a loss of $0.7 million in the fourth quarter of 2020.Non-GAAP income from operations was $11.9 million, compared to $15.4 million in the fourth quarter of 2020.GAAP net loss was $11.0 million, compared to a loss of $1.9 million in the fourth quarter of 2020.GAAP net loss per share was $0.10, compared to a loss per share of $0.02 in the fourth quarter of 2020.Non-GAAP net income was $5.9 million, compared to $14.4 million in the fourth quarter of 2020.Non-GAAP diluted earnings per share was $0.05, compared to $0.13 in the fourth quarter of 2020.Net cash provided by operating activities was $22.0 million, compared to $17.9 million in the fourth quarter of 2020.Unlevered free cash flow was $22.4 million, compared to $16.8 million in the fourth quarter of 2020. Full Year 2021 Financial Highlights Revenue was $541.1 million, a 23% increase year-over-year.Calculated current billings was $617.2 million, a 25% increase year-over-year.GAAP loss from operations was $41.8 million, c...