SentinelOne, Inc. ( S ) reported its second-quarter financial results after Tuesday's closing bell. Here's a look at the key figures from the quarter. 

The Details: SentinelOne ( S ) reported quarterly GAAP losses of 22 cents per share, in-line with the analyst consensus estimate. Quarterly revenue came in at $198.9 million, which beat the analyst consensus estimate of $197.45 million and represents a 33.11% increase from the same period last year.

Annualized recurring revenue (ARR) increased 32% to $806 million for the quarter.

Customers with ARR of $100,000 or more grew 24% to 1,233 as of July 31, 2024.

Non-GAAP gross margin was 80%, compared to 77%.

Non-GAAP operating margin was negative 3%, compared to negative 22%.

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“Based on strong execution and broad-based demand, SentinelOne ( S ) delivered exceptional results with industry-leading growth and our first ever quarter of positive net income and earnings per share,” said Tomer Weingarten, CEO of SentinelOne ( S ).

“We’re seeing a distinct rise in customer interest and appreciation for the advantages of our patented AI-powered Singularity Platform to help build higher quality and more durable cyber defense. We remain committed to an open ecosystem platform, superior technology, and earning customer trust through transparency.”

Outlook: SentinelOne ( S ) sees third-quarter revenue of $209.5 million versus the $197.44 million estimate and fiscal year 2025 revenue of $815 million versus the $813.03 million estimate.

S Price Action: According to Benzinga Pro, SentinelOne ( S ) shares are down 2.04% after-hours at $24.25 at the time of publication Tuesday.

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