Sentinelone Inc Stock Price, News & Analysis

SentinelOne has achieved a 100% detection and protection rate in the latest MITRE ATT&CK Engenuity evaluations for Managed Security Services (MSS) providers. Their AI-powered Singularity Platform enabled their Managed Detection and Response (MDR) team to identify all 15 major attack steps and boast the fastest internal Mean-Time-To-Detect (MTTD) at an average of 3.3 minutes. SentinelOne also demonstrated the strongest signal-to-noise ratio, significantly reducing alert fatigue with up to 10x fewer notifications compared to competitors. These results underscore SentinelOne's leadership in real-world cybersecurity threat detection and response.

SentinelOne, recognized by Pax8, a top cloud commerce marketplace, has won the MVP and Global Partner's Choice Awards at the 2024 Beyond Awards. This event, held by Pax8, honors partners driving cloud adoption and providing advanced solutions worldwide. SentinelOne's partnership with Pax8, ongoing since 2019, has facilitated the deployment of over one million licenses across various enterprises. Their AI-powered Singularity™ Platform offers autonomous threat detection, simplifying deployments across multiple sites and enhancing service efficiency. The awards highlight SentinelOne's transformative impact and success in the cybersecurity market.

SentinelOne announced Singularity™ Cloud Workload Security for Serverless Containers, providing AI-powered protection for containerized workloads on AWS Fargate. This new product offers real-time threat detection, leveraging five autonomous engines to safeguard against ransomware, zero-days, and fileless exploits.

As an Amazon Partner Network member, SentinelOne aims to improve security outcomes with simple integrations. This solution enhances visibility into workload telemetry and aids in threat hunting, as noted by users on PeerSpot. The platform also integrates with AWS logs for comprehensive security coverage.

The Singularity Platform, powered by Purple AI, streamlines security operations, reducing response times and improving threat investigations. Support for EKS is available now, with ECS support for early adopters.

SentinelOne and Advantage have announced a partnership to integrate SentinelOne's PurpleAI into Advantage's managed detection and response (MDR) service across New Zealand. This collaboration aims to leverage generative AI to enhance security operations for enterprises. Advantage will utilize PurpleAI to improve the efficiency of their security teams by automating complex data queries and recommending next steps for security analysts. This integration is expected to accelerate mean time to investigation (MTTI) and mean time to remediation (MTTR), providing real-time threat identification and neutralization. Advantage, a longtime partner of SentinelOne, is the only service provider in New Zealand offering NCSC Malware Free Networks threat intelligence via SentinelOne and holds the highest SentinelOne SIREN incident response certification.

SentinelOne (NYSE: S) announced its financial results for the first quarter of fiscal year 2025, ending April 30, 2024. The company reported a 40% year-over-year revenue increase to $186.4 million and a 35% rise in annualized recurring revenue (ARR) to $762 million. Notably, SentinelOne achieved its first ever quarter of positive free cash flow. The number of customers with ARR of $100,000 or more grew 30% to 1,193. GAAP gross margin improved to 73%, and non-GAAP gross margin rose to 79%. GAAP operating margin was (-43)%, while non-GAAP operating margin improved to (-6)%. The company also reported a significant increase in operating and free cash flow margins.

Looking ahead, SentinelOne expects Q2 FY2025 revenue to be $197 million and full FY2025 revenue between $808 and $815 million, with non-GAAP gross margins estimated around 79% and non-GAAP operating margin between (-6)% and (-2)%.

SentinelOne, a leader in AI security, will host LABScon 2024 in Scottsdale, AZ from September 18-21. The event, held at Mountain Shadows Resort, is invite-only and focuses on advancing cybersecurity research. Researchers are invited to submit findings to secure participation. LABScon, organized by SentinelLabs, will feature keynote speakers, interactive breakout sessions, and networking opportunities. Leading global security vendors like Luta Security, Binarly, Cisco Talos, Dreadnode, GreyNoise, and the Alperovitch Institute are sponsoring the event. Submissions are open until June 21 and reviewed by a committee of top experts.

SentinelOne (NYSE:S), a leader in AI-powered security, has been recognized as one of the Best Workplaces in Technology in the GCC for 2024 by Great Place to Work. This accolade highlights SentinelOne's commitment to creating a supportive and inclusive workplace, fostering innovation, teamwork, and career development. Chief People Officer Divya Ghatak emphasized the significance of a positive work environment for employee well-being and effective representation to customers. Regional Director Meriam El Ouazzani noted the company's dedication to valuing and recognizing individual contributions. This award follows SentinelOne's recent recognition as one of the Best Workplaces in Technology in Australia.

SentinelOne (NYSE: S), a leader in AI-powered security, has been named one of Australia's Best Workplaces in Technology by Great Place to Work. The award recognizes organizations that excel in fostering a healthy workplace culture characterized by trust, respect, and fairness. SentinelOne was one of 55 organizations featured on the 2024 list. The company's focus on innovation and equitable workplace practices stood out, aligning with Australia's growing role in technological innovation. Jason Duerden, Senior Director at SentinelOne, emphasized the company's commitment to creating an inclusive environment where employees feel valued and heard. The recognition highlights SentinelOne's dedication to nurturing a resilient and dynamic culture that drives both business growth and industry progress.

SentinelOne, Inc. (NYSE: S) will release financial results for its fiscal first quarter 2025 on April 30, 2024, with a conference call on May 30, 2024. They will also present at the Bank of America Global Technology Conference on June 4, 2024.