SentinelOne Expects Q4 Revenue Of $169M (Estimate $166.46M), Raises FY24 Revenue Outlook From $605M To $616M (Estimate $605.66M)
Portfolio Pulse from Benzinga Newsdesk
SentinelOne reported an expected Q4 revenue of $169M, surpassing the estimate of $166.46M. The company also raised its FY24 revenue outlook from $605M to $616M, exceeding the estimated $605.66M.
December 05, 2023 | 9:30 pm
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SentinelOne's Q4 revenue expectation of $169M exceeds estimates, and the raised FY24 revenue outlook to $616M suggests strong growth potential.
SentinelOne's reported expected revenue for Q4 and the raised forecast for FY24 are both higher than analyst estimates, which is likely to be viewed positively by investors. This positive earnings surprise and optimistic revenue guidance can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100