Shares of Tufin Software (NYSE:TUFN) were flat in pre-market trading after the company reported Q1 results.
Earnings per share increased 9.76% over the past year to ($0.37), which beat the estimate of ($0.40).
Revenue of $21,244,000 lower by 5.39% year over year, which missed the estimate of $21,340,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Company's 52-week high was at $31.04
52-week low: $5.79
Price action over last quarter: down 39.48%
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.