Tenable announced financial results for the first quarter of 2020, with revenue of $102.6 million, a 28% increase year-over-year. The company added 319 new enterprise platform customers and 24 net new six-figure customers. Free cash flow was $3.9 million, marking the first quarter of positive free cash flow as a public company.
Added 319 new enterprise platform customers and 24 net new six-figure customers
Revenue of $102.6 million, up 28% year-over-year
Net cash provided by operating activities of $4.5 million
Free cash flow of $3.9 million, the first quarter of positive free cash flow as a public company
For the second quarter of 2020, Tenable expects revenue in the range of $101.0 million to $103.0 million, non-GAAP loss from operations in the range of $5.5 million to $3.5 million, non-GAAP net loss in the range of $6.0 million to $4.0 million, and non-GAAP net loss per share in the range of $0.06 to $0.04.
Visualization of income flow from segment revenue to net income