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Shares of Tufin Software (NYSE:TUFN) moved higher by 2.8% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were down 46.67% year over year to ($0.22), which beat the estimate of ($0.31).
Revenue of $25,738,000 higher by 11.75% year over year, which beat the estimate of $23,140,000.
Guidance
The company sees Q3 sales of $23.5 million-$27.5 million and FY21 sales of $105 million-$113 million.
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Date: Aug 11, 2021
Time: 08:00 AM
ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/tufin/mediaframe/46060/indexl.html
Price Action
Company's 52-week high was at $20.11
52-week low: $6.34
Price action over last quarter: Up 24.30%
Company Description
Tufin Software Technologies Ltd develops, markets, and sells software-based solutions that help organizations visualize, define and enforce a unified security policy across complex, heterogeneous network environments. Its solutions increase business agility, eliminate errors from manual processes, and ensure continuous compliance through a single console. The company's sales of products and services worldwide are made through a global network of distributors and resellers, which sell the products and services to their end-user customers. It derives revenues from licensing of software, sales of hardware, providing maintenance and technical support, and sales of professional services.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.