Tenable Holdings Inc (NASDAQ: TENB) stock fell 6.3% on September 6^th, 2018 (as of 11:55 AM GMT-4; Source: Google finance). TENB in the second quarter of FY 18 has reported the adjusted loss per share of 18 cents, while adjusted revenue growth of 44 percent to $63.6 million in the second quarter of FY 18

During the second quarter of 2018, TENB has announced the industry’s first solution designed to reduce cybersecurity risk across today’s converged IT/Operational Technology (“OT”) environments, including enhancements to Tenable.io and the Industrial Security offering, that is delivered in partnership with Siemens. The company has added 282 new logo enterprise platform customers, up 30% year-over-year, and added 33 net new six figure annual recurring revenue customers to reach over 340 in total. Further, Tenable Research discovered a new vulnerability in critical infrastructure at a time when OT systems have become high-value targets for cybercriminals around the world. The company has unveiled original research citing that cybercriminals have a seven-day window of opportunity to exploit a vulnerability before security teams launch initial assessments for the new vulnerability. This lag time further highlights the criticality of measuring and managing Cyber Exposure to eliminate the attackers’ advantage.

For the third quarter of 2018, TENB expects revenue to be in the range of $66.0 million to $66.5 million. Non-GAAP loss from operations is expected to be in the range of $17.5 million to $16.5 million. Non-GAAP net loss is expected to be in the range of $17.1 million to $16.1 million. Pro forma non-GAAP net loss per share is expected to be in the range of $0.19 to $0.18, assuming 88.7 million weighted average shares outstanding.

For the FY 18, the company expect revenue to be in the range of $260.0 million to $261.0 million. Calculated current billings is expected to be in the range of $314.0 million to $316.0 million. Non-GAAP loss from operations is expected to be in the range of $60.7 million to $58.7 million. Non-GAAP net loss is expected to be in the range of $61.2 million to $59.2 million. Pro forma non-GAAP net loss per share is expected to be in the range of $0.72 to $0.70, assuming 84.8 million weighted average shares outstanding.