Posted 12/7/2023, 10:35:44 PM
SentinelOne Beats Estimates with 42% Revenue Growth on Cloud Security Strength
- SentinelOne reported strong financial results, beating estimates with 42% YoY revenue growth to $164M and 43% ARR growth to $664M
- Achieved record 79% gross margin, showing healthy pricing strategies
- Saw triple-digit growth for cloud security and data lake solutions
- Launched new Purple AI product and PinnacleOne strategic advisory practice
- Guidance signals confidence in fundamentals and growing market demand