|Bid||16.51 x 1100|
|Ask||16.51 x 800|
|Day's Range||16.11 - 16.90|
|52 Week Range||14.85 - 31.04|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 14, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.00|
Tufin Software Technologies Ltd. (NYSE: TUFN) ("Tufin"), a company pioneering a policy-centric approach to security and IT operations, today announced that it has upsized and priced a secondary public offering of 4,279,882 ordinary shares at a public offering price of $17.00 per share. The offering was upsized from the previously announced 3,500,000 ordinary shares. The ordinary shares are being offered by certain selling shareholders pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). In connection with the offering, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 641,982 ordinary shares at the public offering price less the underwriting discount. The offering is expected to close on December 9, 2019, subject to customary closing conditions. Tufin will not receive any proceeds from the sale of ordinary shares.
In connection with the offering, certain selling shareholders intend to grant the underwriters an option to purchase up to an additional 525,000 ordinary shares. Tufin will not receive any proceeds from the sale of ordinary shares.
Tufin® (TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced a new, streamlined approach to its worldwide partner program. The new structure helps both Tufin and its partners better support sophisticated enterprise infrastructures and cloud deployments, facilitate partner profitability through enhanced incentives, and expand new business opportunities. Tufin’s updated program consists of two reseller tiers – Gold and Authorized – offering a variety of benefits designed to promote and encourage increased engagement activity, such as the development of technical pre- and post-sales expertise, new deliverables, and new incentives for incremental business opportunities.
The new integration enables VMware customers moving from NSX-V to NSX-T to leverage Tufin to implement security policy changes in minutes instead of days, more securely and accurately across their hybrid IT environments. “Tufin’s support for NSX-V has been important for customers looking for a single pane of glass that provides visibility and control across the SDN, on-premises networks and the public cloud, while enabling a more secure, manageable and continuously compliant hybrid network,” said Teri Bruns, vice president, Global Partner Solutions at VMware.
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Tufin® (TUFN), a company pioneering a policy-centric approach to security and IT operations, announced that the Tufin Orchestration Suite 19-2 has been awarded five out of five stars in SC Magazine’s annual Risk Management Group Test. For the fifth year in a row, the Tufin Orchestration Suite received a five-star rating across all review categories including features, value, ease of use, performance and more. Earlier this year, Tufin was also selected as an SC Media European finalist for Best Risk Management/Regulatory Compliance Solution.
Tufin® (TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced that it will release its financial results for the third quarter ended September 30, 2019 on Thursday, November 14, 2019 before the market opens. In conjunction with this report, the company will host a conference call at 8:30am ET on November 14, 2019 to discuss the company’s third quarter financial results and its business outlook. To access this call, please dial (866) 211-3126 in the U.S. or (647) 689-6579 for international participants.
Tufin® (TUFN), a company pioneering a policy-centric approach to security and IT operations, today announced that four new partners have joined its Service Delivery Partner (SDP) program. Tufin Service Delivery Partners help customers successfully deploy, configure, customize, and maintain their Tufin Orchestration Suite™ deployments. New partners in the program include Apius Technologies in Poland, ITRIS Enterprise AG in Switzerland, Midpoint Technology in the United States and Pegasus Consultancy Services in the United Kingdom.
Tufin Software (NYSE: TUFN ) reported second-quarter losses of 18 cents per share, which beat the analyst consensus estimate by 2 cents. The company reported quarterly sales of $25.1 million, which beat ...
NEW YORK, NY / ACCESSWIRE / September 3, 2019 / Tufin Software Technologies Ltd. (NYSE: TUFN ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on September 3, ...
(Bloomberg) -- McAfee Inc. has hired underwriters to pursue an initial public offering this year that its owners hope could value the cyber security company at at least $8 billion, according to people familiar with the matter.McAfee, partly owned by Intel Corp., is working with Morgan Stanley and Bank of America Corp. as well as a full banking syndicate for an IPO, which could take place this fall, said one of the people, who asked to not be identified because the matter is private.A final decision on a listing hasn’t been made and the company’s plans could change, the people said. The company’s owners include the private equity firms TPG and Thoma Bravo.Representatives for McAfee, Intel, Bank of America, Morgan Stanley and TPG declined to comment. A representative for Thoma Bravo didn’t respond to requests for comment.An IPO would complete a round trip for the Santa Clara, California-based company started by John McAfee in 1989. Intel, seeking to build security features directly into its chips, bought the company for $7.7 billion in 2010, with TPG and Thoma Bravo taking stakes later.In 2016, John McAfee sued Intel over for the right to use his name in a new business venture. They settled the case the following year.This year, cyber security companies have fared well in U.S. IPOs.Crowdstrike Holdings Inc. has risen about 150% since going public in June while Tufin Software Technologies Ltd. has climbed about 25% since listing in April.Zscaler Inc., the cloud-based internet security platform that raised $192 million in its IPO last year, is trading up 344% from its offer price.\--With assistance from Ian King.To contact the reporters on this story: Liana Baker in New York at firstname.lastname@example.org;Kiel Porter in Chicago at email@example.comTo contact the editors responsible for this story: Daniel Hauck at firstname.lastname@example.org, Michael Hytha, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The big shareholder groups in Tufin Software Technologies Ltd. (NYSE:TUFN) have power over the company. Insiders often...
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