BTIG Downgrades SentinelOne Inc (S) to Neutral, 'Too Hard to Defend'

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SentinelOne Announces First Quarter Fiscal Year 2024 Financial Results

June 1, 2023 4:10 PM EDT

Revenue increased 70% year-over-year

ARR up 75% year-over-year*

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- SentinelOne, Inc. (NYSE: S) today announced financial results for the first quarter of fiscal year 2024 ended April 30, 2023.

Macro challenges remained, yet we continued to deliver high growth and margin improvement, demonstrating key strengths across our business. Once again we're leading the industry with the innovation in AI with our recently launched Purple AI: a one-of-a-kind innovation in cybersecurity that empowers enterprises with unparalleled capabilities to offer a real-time, autonomous response against... More