SentinelOne Inc ( S ) reported fourth-quarter financial results Wednesday after the market close. Here’s a look at the key metrics from the quarter.
Q4 Earnings: SentinelOne ( S ) reported fourth-quarter sales of $174.18 million, which beat the consensus estimate of $169.65 million. The cloud-based cybersecurity company reported a loss of 2 cents per share, which beat analyst estimates for a loss of 4 cents per share, according to Benzinga Pro.
Total revenues were up 38% on a year-over-year basis. Annualized recurring revenue (ARR) increased 39% to $724.4 million as of Jan. 31. Customers with ARR of $100,000 or more grew 30% to 1,133 as of Jan. 31.
The company ended the quarter with $1.1 billion in cash, cash equivalents and investments.
“We closed the year on a very strong note and surpassed our fourth quarter top and bottom line expectations. In fiscal year 2024, we delivered industry-leading revenue growth of 47% and operating margin improvement of more than 30 percentage points compared to the prior year,” said Tomer Weingarten, CEO of SentinelOne ( S ).
“Our pace of innovation and security leadership remain unmatched. Enterprises are selecting SentinelOne ( S ) at a record pace across endpoint, data, cloud security, and more. We are giving control back to the enterprises through enterprise-wide visibility and autonomous cybersecurity.”
Outlook: SentinelOne ( S ) sees first-quarter revenue of $181 million versus estimates of $180.863 million. The company expects full-year 2025 revenue to be in the range of $812 million to $818 million versus estimates of $815.779 million.
Management will hold a conference call to discuss these results at 5 p.m. ET.
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S Price Action: SentinelOne ( S ) shares were up approximately 8.5% over a three-month period heading into the print. The stock was down 8.7% after hours at $25.50 at the time of publication, according to Benzinga Pro.