financetom
Business
financetom
/
Business
/
Update: SentinelOne Fiscal Q4 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Sales Outlook; Shares Slump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: SentinelOne Fiscal Q4 Non-GAAP Net Loss Narrows, Revenue Rises; Sets Sales Outlook; Shares Slump
Mar 14, 2024 8:54 AM

11:37 AM EDT, 03/14/2024 (MT Newswires) -- (Updates with the stock move in the headline and first paragraph.)

SentinelOne ( S ) shares fell 13.7% in recent trading Thursday after 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: 24.12, Change: -3.83, Percent Change: -13.69

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2025 - www.financetom.com All Rights Reserved