Sentinelone, Inc. ( (S) ) has released its Q1 earnings. Here is a breakdown of the information Sentinelone, Inc. presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SentinelOne, Inc. is a cybersecurity company specializing in AI-powered security solutions, focusing on endpoint protection, cloud security, and data analytics. In its latest earnings report, SentinelOne reported a 23% increase in revenue year-over-year, reaching $229 million, and a 24% rise in annualized recurring revenue (ARR) to $948.1 million. The company also achieved a record free cash flow margin of 20% and announced a $200 million share repurchase program, reflecting confidence in its long-term growth. Key financial metrics include a GAAP gross margin of 75% and a non-GAAP operating margin of -2%. The company continues to innovate with its Singularity platform, driving adoption across AI, data, cloud, and endpoint security. Looking ahead, SentinelOne aims to maintain its growth trajectory and achieve sustainable, profitable growth, leveraging its innovation in AI-powered security solutions.