How did TENB's Q4 2024 EPS outperform forecasts?

Tenable Holdings Inc (TENB) reported an EPS of $0.32 for Q4 2024, which outperformed forecasts, as discussed in several reports. This positive surprise can be attributed to **Strong Revenue Growth** and **Efficient Operations**: 1. **Revenue Growth**: Tenable's revenue for the quarter was $227.1 million, marking a 13% increase year-over-year. This growth was driven by strong demand for their Cloud Security and Tenable One platforms. The company's calculated current billings also increased by 11% year-over-year to $248.4 million. 2. **Operating Margin Improvement**: Tenable reported a non-GAAP operating margin of 20% for the quarter, which is a significant improvement from the previous year. This indicates efficient operations and better profitability. 3. **Strategic Initiatives**: Tenable's strategic share buyback program, which was increased by $200 million, reflects confidence in the company's future prospects. This confidence might have translated into better operational performance, contributing to the EPS outperformance. In summary, Tenable's Q4 2024 EPS outperformed forecasts due to robust revenue growth, driven by strong demand for their core products, and efficient operations reflected in improved operating margins.