SentinelOne slumps after tepid quarterly forecast

SentinelOne

28/05/2026 22:29

** Cybersecurity firm SentinelOne S.N shares slump 16.9% to $14.98 after the bell
** Company forecasts Q2 revenue in the range of $289 mln to $291 mln, below analysts' average estimate of $292 mln - data compiled by LSEG
** Sees Q2 adj. EPS between 6 cents and 8 cents, while analysts expect 8 cents
** Posts Q1 revenue of $276.7 mln, missing estimate of $277.3 mln
** SentinelOne to cut about 8% of its workforce as it looks to invest in growth areas such as AI, data and cloud
** Company reaffirms fiscal 2027 revenue and adjusted profit per share forecasts
** Shares up 20% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))