SentinelOne Shares Surge 7% on Q4 Beat, Guidance Mixed

SentinelOne, Inc. (NYSE:S) shares gained more than 7% on Wednesday after the company reported its Q4 results, with EPS coming in at ($0.13), above the Street estimate of ($0.16). Revenue was $126.1 million, beating the Street estimate of $124.69 million.

The company expects Q1/24 revenue to be approximately $137 million, better than the Street estimate of $136.85 million. For the full year, the company expects revenue to be in the range of $631-640 million, below the Street estimate of $648.66 million.

2024 was guided slightly below on both ARR and profitability, which management largely attributed to incremental conservatism/uncertainty despite trends within the company’s control remaining stable.