Tenable announced strong Q1 2021 financial results, including a 20% year-over-year revenue increase to $123.2 million and free cash flow of $37.6 million. The company added 331 new enterprise platform customers and launched Tenable.ep, a new unified exposure platform, and acquired Alsid.
Added 331 new enterprise platform customers and 29 net new six-figure customers.
Revenue of $123.2 million, up 20% year-over-year.
GAAP loss from operations of $5.8 million; Non-GAAP income from operations of $13.9 million.
Net cash provided by operating activities of $38.6 million; Free cash flow of $37.6 million.
For the second quarter of 2021, Tenable expects revenue in the range of $124.0 million to $126.0 million, non-GAAP income from operations in the range of $7.0 million to $8.0 million, non-GAAP net income in the range of $5.0 million to $6.0 million, and non-GAAP diluted earnings per share in the range of $0.04 to $0.05.
Visualization of income flow from segment revenue to net income