Tufin Software: Q2 Earnings Insights
Shares of Tufin Software (NYSE:TUFN) moved higher by 3.4% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 16.67% over the past year to ($0.15), which beat the estimate of ($0.29).
Revenue of $23,032,000 declined by 8.24% year over year, which beat the estimate of $21,940,000.
Outlook
Tufin Software hasn't issued any earnings guidance for the time being.
Tufin Software hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Aug 12, 2020
Time: 08:30 AM
Price Action
52-week high: $20.13
Company's 52-week low was at $5.79
Price action over last quarter: down 28.74%
Company Overview
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.
