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Update: SentinelOne Fiscal Q4 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Sales Outlook; Shares Drop Premarket
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Update: SentinelOne Fiscal Q4 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Sales Outlook; Shares Drop Premarket
Mar 14, 2024 3:36 AM

06:13 AM EDT, 03/14/2024 (MT Newswires) -- (Updates with the stock move in the headline and first paragraph.)

SentinelOne ( S ) shares fell more than 9% in recent premarket activity Thursday as the top end of the cybersecurity company's fiscal 2025 sales guidance came in a touch shy of the market forecast.

The company reported a fiscal Q4 non-GAAP net loss late Wednesday of $0.02 per share, narrower than a net loss of $0.13 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.04.

Revenue for the quarter ended Jan. 31 was $174.2 million, up from $126.1 million a year earlier. Analysts surveyed by Capital IQ expected $169.4 million.

The company said it expects fiscal Q1 revenue of $181 million and fiscal 2025 revenue in the range of $812 million and $818 million. Analysts polled by Capital IQ expect $180.9 million and $818.1 million, respectively.

Price: 25.27, Change: -2.67, Percent Change: -9.56

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