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TUFN

Tufin Software Technologies Ltd

$12.38

Earnings Summary

Revenue
$26.06Mn
Net Profits
$-15.51Mn
Net Profit Margins
-59.52%

Highlights

Revenue:

Tufin Software Technologies Ltd’s revenue jumped 22.01% since last year same period to $26.06Mn in the Q1 2022. On a quarterly growth basis, Tufin Software Technologies Ltd has generated -27.27% fall in its revenue since last 3-months.

Net Profits:

Tufin Software Technologies Ltd’s net profit fell -33.83% since last year same period to $-15.51Mn in the Q1 2022. On a quarterly growth basis, Tufin Software Technologies Ltd has generated -284.7% fall in its net profits since last 3-months.

Net Profit Margins:

Tufin Software Technologies Ltd’s net profit margin fell -9.69% since last year same period to -59.52% in the Q1 2022. On a quarterly growth basis, Tufin Software Technologies Ltd has generated -428.97% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tufin Software Technologies Ltd post its latest quarter earnings

EPS Estimate Current Quarter
-0.23
EPS Estimate Current Year
-0.23

Highlights

EPS Estimate Current Quarter:

Tufin Software Technologies Ltd’s earning per share (EPS) estimates for the current quarter stand at -0.23 - a 20.69% jump from last quarter’s estimates.

EPS Estimate Current Year:

Tufin Software Technologies Ltd’s earning per share (EPS) estimates for the current year stand at -0.23.

Key Ratios

Key ratios of the Tufin Software Technologies Ltd post its Q1 2022 earnings

Earning Per Share (EPS)
-0.28
Return on Assets (ROA)
-0.15
Return on Equity (ROE)
-0.57
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Tufin Software Technologies Ltd’s earning per share (EPS) fell -3.7% since last year same period to -0.28 in the Q1 2022. This indicates that the Tufin Software Technologies Ltd has generated -3.7% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tufin Software Technologies Ltd’s return on assets (ROA) stands at -0.15.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tufin Software Technologies Ltd’s return on equity (ROE) stands at -0.57.

Dividend Per Share (DPS):

Tufin Software Technologies Ltd declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
-0.29
-0.28
3.45%

Company Information

Tufin simplifies management of some of the largest, most complex networks in the world, consisting of thousands of firewall and network devices and emerging hybrid cloud infrastructures. Enterprises select the Tufin Orchestration Suite™ to increase agility in the face of ever-changing business demands while maintaining a robust security posture. The Suite reduces the attack surface and meets the need for greater visibility into secure and reliable application connectivity. With over 2,000 customers since its inception, Tufin's network security automation enables enterprises to implement changes in minutes instead of days, while improving their security posture and business agility.

Organisation
Tufin Software Technologies Ltd
Headquarters
5 Hashalom Road Toha Tower, Ramat Gan, Israel
Employees
533
Industry
Miscellaneous Commercial Services
CEO
Ruvi Kitov