Stock Market

Cybersecurity company SentinelOne shares drop 14% as forecast misses estimates

Investing | Thu, Mar 13 2025 08:11 AM AEDT

1695367561_650d4189d32c8_1692951951_64e8658fe70f4_breaking_news_600.png
Image Source: Sivastatz

Investing.com -- SentinelOne Inc (NYSE:S) shares were down 14% in extended trading as the Cybersecurity firm provided a weaker than expected guidance.

But the company reported a 29% increase in fourth-quarter revenue to $225.5 million, which also beat analysts’ estimates of $222.24 million.

The company posted adjusted earnings per share of $0.04, exceeding expectations of $0.01.

Annualized recurring revenue rose 27% to $920.1 million as of Jan. 31. Customers with ARR of $100,000 or more grew 25% to 1,411.

SentinelOne forecast first-quarter revenue of $228 million, below analysts' estimate of $235.5 million.

Full-year revenue guidance of $1.007 billion to $1.012 billion also came in below expectations of $1.03 billion.

This article first appeared in Investing.com

Market Updates

Rio Tinto donates A$1 million to Australian Red Cross for Cyclone Alfred relief

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto is donating A$1 million to the Australian Red Cross, a Queensland Government approved agency, ...

Business Wire | Fri, Mar 14 2025 06:29 PM AEDT

Read More
Market Updates

Coeur to Participate in Upcoming 37th Annual Roth Conference

CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSE: CDE) Senior Vice President and Chief Financial Officer, ...

Business Wire | Fri, Mar 14 2025 10:30 AM AEDT

Read More
Market Updates

Exicure, Inc. (Nasdaq: XCUR) Announces Issuance of New Patent in Australia

CHICAGO--(BUSINESS WIRE)--Exicure, Inc. (Nasdaq: XCUR) today announced that the Australian Patent Office has issued Patent No. 2018388302, titled "GPCR ...

Business Wire | Fri, Mar 14 2025 10:08 AM AEDT

Read More
World News

SWiM Worldwide’s Business Model Offers Competitive Advantage

SYDNEY, AUSTRALIA, March 14, 2025 /EINPresswire.com/ -- SWiM Worldwide Pty Ltd’s proprietary fintech ecosystem provides a first-mover advantage in the ...

EIN Presswire | Fri, Mar 14 2025 09:30 AM AEDT

Read More
Stock Market

Tesla warns Trump's trade war could sting

Investing.com -- Since the election of President Trump, things for Tesla (NASDAQ:TSLA) have gone from ‘great’ to ‘so-so’ ...

Investing | Fri, Mar 14 2025 09:29 AM AEDT

Read More