Sentinel One
Sentinel One
+3.58%
closure:0
opening:14.1
High:14.49
low:13.8
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, which develops an autonomous platform for information security, reports revenue of $126.1 million in the last quarter of 2022, the analyst expectation was $124.6 million. The company recorded a loss per share of $0.13, the analysts’ forecast was a loss of $0.16 per share. The company expects revenues of between 631 million and 640 million dollars – growth of about 50%, below analysts’ expectations for revenues of 648.6 million dollars.
The company’s gross profit margin was 68% compared to 63% in the corresponding quarter of the previous year. The company’s total cash as of January 31 stands at $1.2 billion, compared to $1.8 billion a year before. The total number of customers of the company increased by 50% to about 10,000 customers. The company’s ARR (expected annual revenue) increased by 88% to $548 million.
The company expects a gross profit rate of between 73.5% and 74.5% next year (non-gap) and an operating profit margin of between minus 29% and minus 25% – last year the figure was minus 49%. The company’s total loss in the last quarter was 93.68 million dollars, compared to a net loss of 71.7 million in the corresponding quarter.
The stock is falling in late trading due to the lowering of forecasts for next year and the stock is down about 65% in the last 12 months, more than 80% away from the record recorded at the end of 2021. The company’s value is $3.94 billion, this after the company was issued at a value of just under 10 billion dollars.
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