Tenable shares rose 6.3% after the company reported accelerating customer expansion and growth in its exposure-management business. Investors may also be responding to improving adoption of Tenable One and the company’s AI-related product momentum.
- Net dollar expansion rate increased to 107% from 106% in Q2, marking two consecutive quarters of acceleration.
- Tenable One accounted for a record 59% of new business, up from 50% in Q2; average deal sizes rose year over year for the second consecutive quarter.
- CCB growth accelerated to 9% in Q3.
- After the PHP2Shell disclosure, Hexa prompt volume increased by as much as 5x, according to management.
- Since June, Hexa has evaluated more than 2 billion assets and findings.
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