earnings
confidence high
sentiment positive
materiality 0.85
SentinelOne Q3 revenue up 42% to $164.2M, raises FY24 guidance; non-GAAP op margin improves 32pp YoY
SentinelOne, Inc.
2024-Q3 EPS reported
-$0.91
revenue$446,979,000
- Revenue $164.2M (+42% YoY), ARR $663.9M (+43%); net new ARR $52M accelerated to 11% YoY growth.
- GAAP gross margin 73% (up 9pp), non-GAAP gross margin record 79% (up 8pp).
- GAAP operating margin (50)% (improved 41pp); non-GAAP operating margin (11)% (improved 32pp).
- Operating cash flow margin (14)% vs (52)%; free cash flow margin (16)% vs (56)%.
- FY24 guidance raised: revenue $616M, non-GAAP op margin (20)% vs prior (25)%.