COLUMBIA, Md. (AP) _ Tenable Holdings Inc. (TENB) on Tuesday reported a loss of $16.2 million in its third quarter.
On a per-share basis, the Columbia, Maryland-based company said it had a loss of 15 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The cybersecurity software company posted revenue of $138.7 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $134.8 million.