earnings
confidence high
sentiment positive
materiality 0.80
SentinelOne Q3 FY2023 revenue $115.3M (+106% YoY); ARR $487.4M, non-GAAP op margin improves to (43)%
SentinelOne, Inc.
2023-Q3 EPS reported
-$1.03
revenue$296,083,000
- Revenue $115.3M, up 106% YoY; ARR $487.4M, also up 106%; customers >9,250, up ~55%.
- Non-GAAP gross margin 71% vs 67% YoY; non-GAAP operating margin (43)% vs (69)% YoY – 26pp improvement.
- Net revenue retention 134%; customers with ARR >$100K grew 99% to 827.
- Q4FY23 revenue guidance $125M; full FY2023 revenue $420-421M, non-GAAP op margin (51)-(50)%.
- CEO cites macro headwinds with longer sales cycles but strong pipeline and market share gains.