Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.0706482155863074 -0.0687059966011169 -0.0687059966011169 -0.0833940276766206
Stock impact report

Tenable: No Signs Of Weakness [Seeking Alpha]

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
Company Research Source: Seeking Alpha
The company's growth momentum remains strong, driven by demand in the enterprise market and the success of Tenable One. Tenable's valuation has been downgraded due to industry de-rating, but the company is expected to continue trading at a historical premium. Investment overview I wrote about Tenable ( NASDAQ: TENB ) previously ( Feb 2024 ) with a buy rating as I expected strong growth momentum going into FY24 and strong long-term growth ahead, supported by growing demand for cybersecurity. I remain buy-rated for TENB as I see continuous strength in demand, especially in the enterprise market, and that TENB's Tenable One continues to win deals, which opens up more upsell opportunities. 1Q24 earnings (announced on May 1) TENB reported strong revenue performance of $216 million (14.4% y/y growth), which beat the high end of management's guidance and consensus estimates of $213.6 million. Adj gross margin also came in higher than expected at 80.9% vs. 79.6%, with absolute gros Show less Read more
Impact Snapshot
Event Time:
RPD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RPD alerts
Opt-in for
RPD alerts

from News Quantified
Opt-in for
RPD alerts

from News Quantified