Tufin Software: Q3 Earnings Insights
Shares of Tufin Software (NYSE:TUFN) decreased 2.3% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share increased 82.35% year over year to ($0.03), which beat the estimate of ($0.16).
Revenue of $25,600,000 unchanged by 0.00% from the same period last year, which beat the estimate of $23,620,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
The upcoming fiscal year's revenue expected to be between $93,900,000 and $98,900,000.
How To Listen To The Conference Call
Date: Nov 12, 2020
Time: 08:30 AM
Technicals
Company's 52-week high was at $20.13
Company's 52-week low was at $5.79
Price action over last quarter: down 35.12%
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.
