SentinelOne Q2 Adj EPS $(0.08) Beats $(0.14) Estimate, Sales $149.40M Beat $140.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
SentinelOne (NYSE:S) reported Q2 adjusted losses of $(0.08) per share, beating the analyst consensus estimate of $(0.14) by 42.86%. The company's quarterly sales were $149.40 million, surpassing the analyst consensus estimate of $140.98 million by 5.97%. This represents a 60% increase in losses and a 45.75% increase in sales from the same period last year.
August 31, 2023 | 8:11 pm
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POSITIVE IMPACT
SentinelOne's Q2 results exceeded expectations, with adjusted losses and sales both beating analyst estimates. This could potentially boost investor confidence in the company.
SentinelOne's better-than-expected Q2 results indicate strong financial performance, which is likely to be viewed positively by investors and could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100