SentinelOne cuts annual revenue forecast

Reuters
05-29
SentinelOne cuts annual revenue forecast

May 28 (Reuters) - SentinelOne S.N trimmed its annual revenue forecast on Wednesday, signaling cautious spending by businesses amid economic uncertainty, sending it shares down over 12% in extended trading.

The company cut its annual revenue forecast to between $996 million and $1 billion, compared with its previous expectations of between $1.01 billion and $1.012 billion.

Analysts on average expect $1.01 billion, according to data compiled by LSEG.

(Reporting by Juby Babu in Mexico City; Editing by Vijay Kishore)

((Juby.Babu@thomsonreuters.com;))

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