SentinelOne Sees Q2 Revenue $141M vs $151.92M Est., Sees FY24 Revenue $590M-$600M vs $638.49M Est.
Portfolio Pulse from Benzinga Newsdesk
SentinelOne reported Q2 revenue of $141M, lower than the estimated $151.92M, and projected FY24 revenue of $590M-$600M, below the estimated $638.49M.
June 01, 2023 | 8:13 pm
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NEGATIVE IMPACT
SentinelOne's Q2 revenue and FY24 revenue projections missed estimates, potentially impacting its stock price.
SentinelOne's lower-than-expected Q2 revenue and FY24 revenue projections indicate that the company may not be performing as well as anticipated. This could lead to a negative sentiment among investors, potentially causing the stock price to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100