Reported 2 days ago
SentinelOne's stock jumped nearly 7% following the release of its second-quarter earnings report, which showcased a 22% year-over-year revenue growth of over $242 million, pushing annualized recurring revenue to $1 billion for the first time. The company's impressive results were bolstered by a triple increase in adjusted net income and a significant growth in clients with high recurring revenues. CEO Tomer Weingarten credited their advancements to the integration of AI technologies, despite analysts not categorizing SentinelOne as a top investment opportunity.
Source: YAHOO