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SentinelOne reports $229M Q1 revenue, up 23%, but stock falls due to cautious future outlook.
SentinelOne, a cybersecurity firm, reported first-quarter revenue of $229.03 million, slightly above estimates, with a 23% year-over-year revenue increase.
Despite financial gains and meeting earnings expectations, the company's shares fell due to cautious future guidance.
SentinelOne's Singularity Platform offers AI-driven threat protection.
The stock dropped to $19.67 on the day of the report, underperforming due to soft outlooks despite positive financial metrics and a "Moderate Buy" rating from analysts.
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SentinelOne reporta $229 millones en ingresos del primer trimestre, un aumento del 23%, pero las acciones caen debido a las perspectivas futuras cautelosas.