2024-08-01 09:19:51 ET
"VM (vulnerability management) was an area of strength in Q1 in part due to increasing customer churn from some top VM competitors, and we expected that trend to play out again in Q2," said D.A. Davidson analysts Rudy Kessinger and Andres Miranda Lopez, in a note. "With the exact opposite taking place, greenfield opportunities in VM seemingly drying up, and TENB talking about increased deal scrutiny & lengthening sales cycles in VM, we now believe VM growth could slow even further and become an increasing drag on overall growth despite increasingly favorable competitive dynamics in VM."...
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Tenable tumbles following earnings, receives multiple downgrades
