Tufin Software Technologies Ltd. (NYSE:TUFN) is reporting third quarter earnings results on Thursday 12th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.16 per share.
For the full year, analysts predict revenues of $ 95.86 million, while looking forward to loss of $ 0.78 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 117.00 million ~ $ 123.00 million
Click Here For More Historical Outlooks Of Tufin Software Technologies Ltd.
Previous Quarter Performance
Tufin Software Technologies Ltd. unfold loss for the second quarter of $ 0.15 per share, from the revenue of $ 23.03 million. The consensus estimates are loss of $ 0.29 per share from $ 21.94 million in revenue. The bottom line results beat street analysts by $ 0.14 or 48.28 percent, at the same time, top line results outshined analysts by $ 1.09 million or 4.97 percent.
Stock Performance
Shares of Tufin Software Technologies Ltd. traded up $ 0.18 or 2.52 percent on Wednesday, reaching $ 7.33 with volume of 254.40 thousand shares. Tufin Software Technologies Ltd. has traded high as $ 7.33 and has cracked $ 7.02 on the downward trend
The closing price of $ 7.33, representing a 23.49 % increase from the 52 week low of $ 5.79 and a 64.48 % decrease over the 52 week high of $ 20.13.
The company has a market capital of $ 261.78 million and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 25th September 2020, initiated by Robert W. Baird at Neutral rating, with $ 10.00 target price.
Conference Call
Tufin Software Technologies Ltd. will be hosting a conference call at 8:30 AM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (866) 211-3126 or (647) 689-6579 (International), and the passcode is 5285381 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.tufin.com
Tufin Software Technologies Ltd. develops, markets, and sells software-based solutions primarily in the United States, Europe, and Asia. It offers SecureTrack, SecureChange, and SecureApp products that enable enterprises to visualize, define, and enforce their security policy across heterogeneous networks, on premise and in the cloud.
