SentinelOne Raises Annual Revenue Forecast Amid Strong Client Growth

Cybersecurity firm sees increased demand for its AI-powered platform, posts first-ever quarterly profit

SentinelOne forecasts annual revenue to reach $815 million, surpassing previous estimates.
Second-quarter revenue rose 33% to $198.9 million, beating analyst expectations.
The company achieved an adjusted profit per share of 1 cent, its first in 11 years.
Annualized recurring revenue from subscriptions increased 32% to $806 million.
Shares saw mixed reactions, falling slightly despite positive financial results.