Cybersecurity company SentinelOne Inc. (S), on Thursday, reported a narrower loss for the first quarter, with revenues growing more than 20%.
Net loss narrowed sharply to $76.16 million, or $0.23 per share, from a loss of $208.19 million, or $0.63 per share, a year earlier.
Adjusted net income was $12.26 million, compared with adjusted net income of $6.65 million last year.
Revenue increased 21% year over year to $276.66 million from $229.03 million.
Annualized recurring revenue (ARR) rose 23% to $1.163 billion as of April 30, 2026. Customers with ARR above $100,000 increased 17% to 1,702.
For the second quarter, SentinelOne expects revenue between $289 million and $291 million and adjusted earnings per share of $0.06 to $0.08.
For full-year fiscal, the company forecast revenue of $1.195 billion to $1.205 billion and adjusted earnings of $0.32 to $0.38 per share.
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