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SentinelOne Q1 Earnings: Income Beat, EPS In Line, Shares Dive On Comfortable Steerage – SentinelOne (NYSE:S)



SentinelOne Inc S reported monetary outcomes for the primary quarter after the market shut on Wednesday. Right here’s a have a look at the important thing metrics from the quarter.

Q1 Earnings: SentinelOne reported first-quarter income of $229.03 million, beating the consensus estimate of $228.35 million, in keeping with Benzinga Professional. The cybersecurity firm reported first-quarter adjusted earnings of two cents per share, consistent with analyst estimates.

Complete income elevated 23% year-over-year. Annualized recurring income (ARR) elevated 24% year-over-year to $948.1 million as of April 30. Prospects with ARR of $100,000 or extra grew 22% to 1,459 within the quarter.

The corporate ended the interval with $1.2 billion in money, money equivalents and investments. SentinelOne’s board additionally approved a $200 million share repurchase program.

“Our top-tier development and margin enchancment mirror continued platform momentum and buyer success,” mentioned Tomer Weingarten, CEO of SentinelOne.

“Our innovation engine is fueling adoption throughout AI, Information, Cloud and Endpoint. With Singularity, we’re main a transformational shift towards AI-powered safety for the longer term.”

Steerage: SentinelOne expects second-quarter income of roughly $242 million versus estimates of $244.88 million. The corporate additionally lowered its full-year 2026 income steering from $1.007 billion to a variety of $996 million to $1.001 billion. Analysts have been anticipating full-year income of $1.01 billion.

Shares seem like promoting off in response to the smooth outlook. SentinelOne executives are presently discussing the quarter on a convention name with traders and analysts that kicked off at 4:30 p.m. ET.

S Worth Motion: SentinelOne shares have been down 11.44% in after-hours, buying and selling at $17.42 on the time of publication Wednesday, in keeping with Benzinga Professional.

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Picture: Tada Pictures/Shutterstock.

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