SentinelOne Shares Drop 5% After Wider Q4 Loss, Mixed Guidance
S is trading near its 52-week low of $12.235 (6.8% above the low).
Summary
SentinelOne reported fourth-quarter revenue of $271.2 million, which matched analyst estimates, but posted a wider GAAP loss of $110.2 million compared to the prior year. While adjusted earnings per share of 7 cents beat expectations of 6 cents, the company's first-quarter adjusted EPS guidance of 1-2 cents fell short of analyst estimates of 5 cents. Full-year adjusted EPS guidance, however, was above expectations. The mixed results, particularly the wider GAAP loss and the near-term adjusted EPS guidance miss, led to a 5% decline in the stock during after-hours trading. Investors will closely watch the company's ability to manage profitability and achieve its full-year targets following this complex earnings report.
At the time of this announcement, S was trading at $13.07 on NYSE in the Technology sector, with a market capitalization of approximately $4.7B. The 52-week trading range was $12.24 to $21.40. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.