Oppenheimer downgraded Tufin Software from Outperform to Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/13/2021 | $14.00 → $12.00 | Equal-Weight | Barclays |
EFFECT - Tufin Software Technologies Ltd. (0001757399) (Filer)
POS AM - Tufin Software Technologies Ltd. (0001757399) (Filer)
S-8 POS - Tufin Software Technologies Ltd. (0001757399) (Filer)
Second quarter revenue of $29.5 million increased 15% year-over-year GAAP operating loss of $14.3 million and non-GAAP operating loss of $7.1 million Tufin (NYSE:TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced financial results for the second quarter ended June 30, 2022. "Tufin reported another strong quarter driven by robust growth in new logo customers and the continued expansion of our subscription business," said Ruvi Kitov, Tufin CEO and Co-Founder. "We closed Q2 with $29.5M in total revenue propelled by year-over-year increases in new business bookings, subscription conversions, and number of seven-figure deals." Kitov added, "w
Winners were announced at the annual Partner Summit series Tufin® (NYSE:TUFN), a company pioneering a policy-centric approach to security and IT operations, recently concluded the 2022 Partner Summits in EMEA, Americas, and APAC, where the company announced the winners of its annual Partner of the Year awards. These awards recognize Tufin's top regional partners for their commitment, year-over-year growth, and support. Americas South Partner of the Year: Compuquip Cybersecurity East Partner of the Year: Atlantic Data Security West Partner of the Year: MidPoint Technology Group Federal Partner of the Year: Norseman Defense Technologies National Partner of the Year: World Wide Tec
Presentation to Highlight Best Practices for Automating the Change Management Process, Gaining End-to-End Security Visibility and Measuring ROI Tufin® (NYSE:TUFN), a company pioneering a policy-centric approach to security and IT operations, today detailed its activities at the upcoming RSA Conference 2022, taking place from June 6-9, 2022 at the Moscone Center in San Francisco, CA. Tufin executives will be at booth #5973 in the Moscone North Expo showcasing the use of Tufin's products to help organizations better protect themselves, accelerate network security processes and more efficiently utilize staff resources. The company's business development technical director, John Moran, will
Barclays reiterated coverage of Tufin Software with a rating of Equal-Weight and set a new price target of $12.00 from $14.00 previously
Cowen & Co. initiated coverage of Tufin Software with a rating of Market Perform and set a new price target of $10.00
Stifel initiated coverage of Tufin Software with a rating of Hold and set a new price target of $10.00
BOSTON--(BUSINESS WIRE)--Tufin® (NYSE: TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced the appointment of Naresh Kaki and Siddhesh Kumbhar to the position of Regional Sales Managers in India. Naresh and Siddhesh will capture market share among enterprises in India as well as increase Tufin’s channel partners in the region. They are based in India and report to Michael Bosnar, Vice President of APAC Sales. “With the addition of Naresh and Siddhesh, we are better positioned to show the value of Tufin’s solutions to enterprises in the Indian market,” said Bosnar. “I welcome them both, and I look forward to winning market share in th
BOSTON--(BUSINESS WIRE)--Tufin (NYSE: TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced that Raymond Brancato has been appointed Chief Revenue Officer, reporting directly to CEO and co-founder Ruvi Kitov. In his new role, Mr. Brancato will be responsible for building on the company’s momentum by leading Tufin’s sales efforts across all products globally. Tufin’s current SVP of Global Sales, Kevin Maloney, will assist with the transition through the end of March after a tenure of five and a half years, during which time revenues tripled to over $100 million. The company also provided a selected financial update for the fourth quarte
Tufin Shareholders to Receive $13.00 Per Share in Cash Tufin® (NYSE:TUFN) (the "Company"), a company pioneering a policy-centric approach to security and IT operations, today announced that it has entered into a definitive agreement to be acquired by Turn/River Capital, a software-focused investment firm, in an all-cash transaction that values Tufin at approximately $570 million. Under the terms of the agreement, Tufin shareholders will receive $13.00 per share in cash, representing a premium of approximately 44% over Tufin's closing share price on April 5, 2022, the last full trading day prior to the transaction announcement, and a premium of approximately 54% over Tufin's one-month volu
Fourth quarter revenue of $35.8 million increased 16% year-over-year Fourth quarter GAAP operating loss of $3.1 million and non-GAAP operating income of $0.1 million Full year revenue of $110.9 million increased 10% year-over-year Full year GAAP operating loss of $36.3 million and non-GAAP operating loss of $22.4 million Tufin (NYSE:TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced financial results for the fourth quarter and the year ended December 31, 2021. "I am pleased to report another strong quarter, bolstered by healthy growth in new logos, as well as continued momentum in our land-and-expand with existing customers," said Ruvi
Tufin® (NYSE:TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced that it will release its financial results for the fourth quarter ended December 31, 2021 on Thursday, February 10, 2022 before the market opens. In conjunction with this report, the Company will host a conference call at 8:00am EST on February 10, 2022 to discuss the Company's fourth quarter and full year 2021 financial results and its business outlook. To participate in the call, please dial 877-407-2988 in the U.S. or 201-389-0923 for international participants and enter Conference ID# 13726295. The call will also be webcast live on Tufin's Investor Relations website at inv
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SC 13G - Tufin Software Technologies Ltd. (0001757399) (Subject)