SentinelOne Increases Revenue Forecast Amid Rising Demand

Reported about 1 month ago

SentinelOne has raised its annual revenue forecast to $815 million, citing increased client interest in its AI-powered cybersecurity products as businesses seek protection from growing online threats. The company's shares rose nearly 3% after the announcement, reflecting its competitive edge, particularly against rivals like CrowdStrike. For its second quarter, SentinelOne reported a revenue increase of 33% to $198.9 million, also achieving adjusted profit for the first time in its history.

Source: YAHOO

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