SentinelOne articles in “Earnings”

Why SentinelOne (S) Shares Are Sliding Today Cover Image
Why SentinelOne (S) Shares Are Sliding Today

Kayode Omotosho 2024/12/05 6:22pm

What Happened? Shares of cyber security company SentinelOne (NYSE:S) fell 15% in the morning session after the company reported weak third-quarter results. Revenue was just in line, which usually isn't enough for a high-growth SaaS stock. In addition, operating profit missed, meaning that the revenue growth was less profitable than expected. Overall, this was a mediocre quarter, especially in light of some strong earnings results from larger software names. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Reports Q2 In Line With Expectations Cover Image
SentinelOne (NYSE:S) Reports Q2 In Line With Expectations

Petr Huřťák 2024/08/27 8:19pm

Cyber security company SentinelOne (NYSE:S) reported results in line with analysts’ expectations in Q2 CY2024, with revenue up 33.1% year on year to $198.9 million. The company expects next quarter’s revenue to be around $209.5 million, in line with analysts’ estimates. It made a non-GAAP profit of $0.01 per share, improving from its loss of $0.08 per share in the same quarter last year. ... Continue Reading Continue Reading
Why SentinelOne (S) Stock Is Up Today Cover Image
Why SentinelOne (S) Stock Is Up Today

Anthony Lee 2024/07/19 3:17pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 9.2% in the pre-market session as stocks of cybersecurity software companies soared after a global technology outage. The outage was caused by a faulty update deployed by CrowdStrike to computers running the Microsoft Windows operating system. CrowdStrike has clarified that the issue wasn't caused by a "security incident or cyberattack." CEO George Kurtz noted on the social media platform X (formerly called Twitter) that "the issue has been identified, isolated, and a fix has been deployed." ... Continue Reading Continue Reading
Why Is SentinelOne (S) Stock Rocketing Higher Today Cover Image
Why Is SentinelOne (S) Stock Rocketing Higher Today

Kayode Omotosho 2024/06/12 7:29pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 6.3% in the afternoon session after major indices soared as yields declined after the Bureau of Labour Statistics reported CPI (Consumer Price Index - a gauge of the average price consumers pay for goods and services) for the month of May 2024 came in better than expected at 3.3% year on year (versus analysts' expectations for 3.4%). The data also revealed that inflation was flat (unchanged) month on month. The inflation results benefitted from a 2% decline in the energy index, while shelter inflation remained sticky (up 0.4% m/m and 5.4% y/y). Sticky inflation is exactly what has delayed the Fed's planned rate cuts in 2024, with some market participants likely worried that inflation might stay higher for longer. Today's report eased those worries a bit. ... Continue Reading Continue Reading
SentinelOne's (NYSE:S) Q1: Beats On Revenue But Stock Drops Cover Image
SentinelOne's (NYSE:S) Q1: Beats On Revenue But Stock Drops

Kayode Omotosho 2024/05/30 8:31pm

Cyber security company SentinelOne (NYSE:S) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue up 39.7% year on year to $186.4 million. The company expects next quarter's revenue to be around $197 million, in line with analysts' estimates. It made a non-GAAP loss of $0 per share, improving from its loss of $0.15 per share in the same quarter last year. ... Continue Reading Continue Reading
Why SentinelOne (S) Shares Are Plunging Today Cover Image
Why SentinelOne (S) Shares Are Plunging Today

Kayode Omotosho 2024/03/14 4:20pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) fell 16.7% in the morning session after the company reported fourth-quarter results and provided revenue guidance for the upcoming year, which came in below expectations, suggesting a slowdown in demand amidst an intense competitive landscape with cybersecurity peers like CrowdStrike. In addition, its net revenue retention rate of 115% missed estimates of 118%. That means its existing customers bought fewer products, and the company is more dependent on new customers (expensive to acquire) to generate growth. Guidance was also underwhelming, with the revenue projections for the next quarter and full year roughly in line with expectations. Overall, this was a tough quarter for SentinelOne. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Surprises With Q4 Sales But Stock Drops Cover Image
SentinelOne (NYSE:S) Surprises With Q4 Sales But Stock Drops

Max Juang 2024/03/13 8:23pm

Cyber security company SentinelOne (NYSE:S) reported Q4 FY2023 results exceeding Wall Street analysts' expectations, with revenue up 38.1% year on year to $174.2 million. The company expects next quarter's revenue to be around $181 million, in line with analysts' estimates. It made a non-GAAP loss of $0.02 per share, improving from its loss of $0.13 per share in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne (S) Shares Skyrocket, What You Need To Know Cover Image
SentinelOne (S) Shares Skyrocket, What You Need To Know

Adam Hejl 2024/03/06 8:04pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 10.8% in the pre-market session after peer, CrowdStrike reported fourth-quarter results with revenue and ARR (annual recurring revenue) beating by a slight margin but very convincingly on operating profit. Keeping with that theme, while forward guidance for the next quarter and the full year were only slightly above expectations, non-GAAP EPS guidance was more convincingly ahead, showing better-than-expected profitability. ... Continue Reading Continue Reading
Why SentinelOne (S) Stock Is Trading Up Today Cover Image
Why SentinelOne (S) Stock Is Trading Up Today

Adam Hejl 2024/01/22 4:58pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 5.2% in the morning session after BTIG analyst Gray Powell upgraded the stock's rating from Neutral to Buy and assigned a price target of $30, citing "an increase in cyberattacks." The new price target implied a potential 10% upside when the upgrade was announced. He added, "With sales execution improving in recent quarters and a more favorable spending outlook, we now have a higher degree of confidence in S's ability to meet or exceed street estimates going forward." ... Continue Reading Continue Reading
Why Are SentinelOne (S) Shares Soaring Today Cover Image
Why Are SentinelOne (S) Shares Soaring Today

Petr Huřťák 2023/12/06 3:49pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 15.9% in the morning session after the company reported a "beat and raise "quarter. Third-quarter results exceeded Wall Street's expectations for revenue, ARR (recurring revenue) and EPS. Notably, the company's net new ARR growth accelerated 11% year on year, which is a rare feat for a company already growing quite robustly. Looking ahead, the company's revenue guidance for the next quarter exceeded Consensus estimates, and there were upward revisions to full-year revenue and non-GAAP operating income margin guidance. Lastly, management reiterated the guidance for positive free cash flow by the second quarter of the next fiscal year, highlighting the focus on balancing growth and profitability. Overall, this was a strong quarter that should satisfy shareholders. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Q3 Sales Beat Estimates, Stock Soars Cover Image
SentinelOne (NYSE:S) Q3 Sales Beat Estimates, Stock Soars

Petr Huřťák 2023/12/05 9:22pm

Cyber security company SentinelOne (NYSE:S) reported results ahead of analysts' expectations in Q3 FY2024, with revenue up 42.4% year on year to $164.2 million. Guidance for next quarter's revenue was also better than expected at $169 million at the midpoint, 1.4% above analysts' estimates. It made a GAAP loss of $0.24 per share, improving from its loss of $0.35 per share in the same quarter last year. ... Continue Reading Continue Reading
Why Is SentinelOne (S) Stock Rocketing Higher Today Cover Image
Why Is SentinelOne (S) Stock Rocketing Higher Today

Jabin Bastian 2023/11/29 7:07pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 5.9% in the morning session after robust earnings results from CrowdStrike and Okta. CrowdStrike's Q3 results topped analysts' ARR (annual recurring revenue) and revenue expectations and beat on non-GAAP operating income and non-GAAP EPS by a more convincing amount. Notably, CrowdStrike surpassed the $3 billion ARR milestone. Looking ahead, While CrowdStrike's next quarter's revenue guidance was only in-line, non-GAAP operating income was head, and full year guidance was also raised. Separately, Okta reported Q3 earnings results that beat Wall Street's sales estimates, driven by better-than-expected subscription revenue. Its adjusted operating income, free cash flow, EPS, and next quarter's revenue and EPS guidance also topped analysts' forecasts. Overall, these results indicate that demand for cybersecurity products remains strong even in a challenging macroeconomic environment. ... Continue Reading Continue Reading
Why Are SentinelOne (S) Shares Soaring Today Cover Image
Why Are SentinelOne (S) Shares Soaring Today

Kayode Omotosho 2023/09/01 3:19pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 9.81% in the morning session after the company reported an impressive "beat and raise" quarter. Second quarter results exceeded analysts' revenue and non-GAAP operating profit expectations. Gross margin also improved. Next quarter's guidance was ahead, and the company raised full year guidance for revenue, non-GAAP gross margin, and non-GAAP operating margin. ... Continue Reading Continue Reading
SentinelOne's (NYSE:S) Q2 Sales Top Estimates, Stock Soars Cover Image
SentinelOne's (NYSE:S) Q2 Sales Top Estimates, Stock Soars

Jabin Bastian 2023/08/31 8:23pm

Cyber security company SentinelOne (NYSE:S) reported Q2 FY2024 results exceeding Wall Street analysts' expectations, with revenue up 45.8% year on year to $149.4 million. The company also expects next quarter's revenue to be around $156 million, in line with analysts' estimates. Turning to EPS, SentinelOne made a GAAP loss of $0.31 per share, improving from its loss of $0.35 per share in the same quarter last year. ... Continue Reading Continue Reading
Why SentinelOne (S) Stock Is Up Today Cover Image
Why SentinelOne (S) Stock Is Up Today

Anthony Lee 2023/08/21 6:35pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 6.34% in the morning session after a Reuters report stated that the company is considering strategic alternatives, including a sale. The report added that the cybersecurity company has enlisted Qatalyst Partners, an investment bank, to facilitate discussions with potential acquirers. While initial interest has been expressed, SentinelOne's valuation expectations still need to be met, raising the possibility that discussions might conclude without a deal, Reuters added. ... Continue Reading Continue Reading
Why SentinelOne (S) Stock Is Up Today Cover Image
Why SentinelOne (S) Stock Is Up Today

Anthony Lee 2023/06/12 1:21pm

What Happened: Shares of cyber security company SentinelOne (NYSE:S) jumped 5.22% in the pre-market session after Morgan Stanley upgraded the stock to Overweight (buy) from Equal Weight (Hold). Analyst Hamza Fodderwala thinks the market is not fully appreciating the stock as a long-term share gainer and margin story. He highlighted that SentinelOne is trading at what he thinks is a ~50% discount to peers, making the current risk/reward an attractive one. Fodderwala has a $20 price target on the stock. ... Continue Reading Continue Reading
Why SentinelOne (S) Shares Are Trading Lower Today Cover Image
Why SentinelOne (S) Shares Are Trading Lower Today

Anthony Lee 2023/06/02 2:02pm

What Happened:Shares of cyber security company SentinelOne (NYSE:S) fell 34.9% in the after-market session after the company reported first-quarter results that missed analysts' revenue estimates. Earnings per share (EPS) beat. However, the company continued to burn cash. Guidance was also weak. Revenue guidance for the next quarter was below Consensus. Full year guidance revenue was lowered and also came in below expectations. Lowering guidance is always a worrisome sign, and the company reducing full year revenue guidance by more than 6% is also a meaningful magnitude. Additionally, operating margin guidance was maintained on the lower revenues; it would have been much more comforting had margins increased, showing that the company was perhaps prioritizing profits and efficiency over growth at all costs. Management called out a difficult macro backdrop and acknowledged that the quarter was a "tough" one. The overall results and commentary were weak, with the topline miss and underwhelming guidance providing little reason to be optimistic. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Misses Q1 Revenue Estimates, Stock Drops 32.5% Cover Image
SentinelOne (NYSE:S) Misses Q1 Revenue Estimates, Stock Drops 32.5%

Adam Hejl 2023/06/01 8:15pm

Cyber security company SentinelOne (NYSE:S) missed analyst expectations in Q1 FY2024 quarter, with revenue up 70.5% year on year to $133.4 million. Guidance for the next quarter also missed analyst expectations with revenues guided to $141 million at the midpoint, or 7.28% below analyst estimates. SentinelOne made a GAAP loss of $106.9 million, down on its loss of $89.8 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne's (NYSE:S) Q4 Sales Top Estimates But Full Year Guidance Underwhelms Cover Image
SentinelOne's (NYSE:S) Q4 Sales Top Estimates But Full Year Guidance Underwhelms

Kayode Omotosho 2023/03/14 8:16pm

Cyber security company SentinelOne (NYSE:S) reported Q4 FY2023 results that beat analyst expectations, with revenue up 92.1% year on year to $126.1 million. The company expects that next quarter's revenue would be around $137 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. SentinelOne made a GAAP loss of $93.7 million, down on its loss of $71.7 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne's (NYSE:S) Q3 Sales Top Estimates Cover Image
SentinelOne's (NYSE:S) Q3 Sales Top Estimates

Kayode Omotosho 2022/12/06 9:35pm

Cyber security company SentinelOne (NYSE:S) reported Q3 FY2023 results beating Wall St's expectations, with revenue up 105% year on year to $115.3 million. The company expects that next quarter's revenue would be around $125 million, which is the midpoint of the guidance range. That was in roughly line with analyst expectations. SentinelOne made a GAAP loss of $98.8 million, down on its loss of $68.5 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Reports Bullish Q2, Provides Optimistic Full Year Guidance Cover Image
SentinelOne (NYSE:S) Reports Bullish Q2, Provides Optimistic Full Year Guidance

Petr Huřťák 2022/08/31 8:21pm

Cyber security company SentinelOne (NYSE:S) reported Q2 FY2023 results topping analyst expectations, with revenue up 124% year on year to $102.5 million. Guidance for next quarter's revenue was $111 million at the midpoint, 2.59% above the average of analyst estimates. SentinelOne made a GAAP loss of $96.3 million, down on its loss of $68.1 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Reports Strong Q1, Provides Strong Full Year Guidance Cover Image
SentinelOne (NYSE:S) Reports Strong Q1, Provides Strong Full Year Guidance

Jabin Bastian 2022/06/01 8:42pm

Cyber security company SentinelOne (NYSE:S) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 109% year on year to $78.2 million. On top of that, guidance for next quarter's revenue was $95.5 million at the midpoint, 12.5% above what analysts were expecting. SentinelOne made a GAAP loss of $89.8 million, down on its loss of $62.6 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Q4 Sales Beat Estimates But Stock Drops Cover Image
SentinelOne (NYSE:S) Q4 Sales Beat Estimates But Stock Drops

Radek Strnad 2022/03/15 8:18pm

Cyber security company SentinelOne (NYSE:S) beat analyst expectations in Q4 FY2022 quarter, with revenue up 119% year on year to $65.6 million. On top of that, guidance for next quarter's revenue was surprisingly good, being $74.5 million at the midpoint, 8.31% above what analysts were expecting. SentinelOne made a GAAP loss of $71.7 million, down on its loss of $37.8 million, in the same quarter last year. ... Continue Reading Continue Reading
SentinelOne (NYSE:S) Reports Upbeat Q3 But Stock Drops Cover Image
SentinelOne (NYSE:S) Reports Upbeat Q3 But Stock Drops

Kayode Omotosho 2021/12/07 9:21pm

Cyber security company SentinelOne (NYSE:S) reported strong growth in the Q3 FY2022 earnings announcement, with revenue up 128% year on year to $56 million. Guidance for next quarter's revenue was surprisingly good, being $60.5 million at the midpoint, 7.01% above what analysts were expecting. SentinelOne made a GAAP loss of $68.5 million, down on its loss of $30.1 million, in the same quarter last year. ... Continue Reading Continue Reading