Reported about 22 hours ago
SentinelOne, Inc. (NYSE:S) experienced a significant 7.10% increase in share price for the third consecutive day, closing at $18.86, following a favorable earnings report that met expectations and an optimistic revenue forecast. The company now anticipates full-year revenues between $998 million and $1.002 billion, up from previous estimates. Despite a 22% rise in second-quarter revenues and exceeding $1 billion in annual recurring revenues, SentinelOne reported a widened net loss of $72 million compared to last year. CEO Tomer Weingarten emphasized the company's leading position in AI-powered cybersecurity.
Source: YAHOO