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SentinelOne, Inc. (NYSE: S) is a pioneering cybersecurity company that revolutionizes the economics of cyber attacks with its cutting-edge, platform-based approach. Founded in 2013 and headquartered in California, SentinelOne became a publicly traded entity in 2021. The company's flagship offering is the Singularity platform, a comprehensive solution that integrates next-generation endpoint protection with advanced endpoint detection and response features. This platform ensures that sophisticated and targeted cyber attacks are not only detected but also thwarted effectively.
At the core of SentinelOne's technology is a lightweight module that continuously scrutinizes suspicious patterns across various environments, including desktops, servers, critical infrastructure, and embedded systems. Upon identifying any malicious activity, the module triggers automated responses to neutralize threats swiftly, immunizes other endpoints, and restores systems to their pre-attack conditions.
SentinelOne has achieved a significant milestone as the first and only next-generation endpoint protection solution to receive certification from AV-TEST, an independent IT-security institute. This certification underscores the reliability and effectiveness of its security solutions. The company's innovative efforts extend to partnerships and investments, as demonstrated by its venture arm, S Ventures. Recently, S Ventures invested in Auguria, a cybersecurity AI company, highlighting SentinelOne's commitment to advancing AI-driven security operations.
With a mission to defeat every attack, every second, of every day, SentinelOne continues to lead the charge in transforming traditional cybersecurity paradigms, ensuring robust protection for organizations worldwide.
SentinelOne has launched S Ventures, a
SentinelOne, Inc. (NYSE: S) reported a remarkable second quarter for fiscal year 2023, with total revenue soaring 124% year-over-year to $102.5 million. Annualized recurring revenue (ARR) increased by 122% to $438.6 million, while total customer count surged 60% to over 8,600. The company achieved a record dollar-based net revenue retention rate of 137%. Non-GAAP operating margins improved significantly, and the firm holds $1.2 billion in cash and short-term investments. SentinelOne has raised its full-year growth outlook, anticipating revenue of $415-417 million.
SentinelOne (NYSE: S) has been acknowledged in the 2022 Gartner Hype Cycle for Security Operations across three significant cybersecurity categories: Identity Threat Detection and Response (ITDR), Extended Detection and Response (XDR), and Endpoint Detection and Response (EDR). Additionally, the company was recognized for its cloud infrastructure entitlement management (CIEM). This highlights SentinelOne's ongoing commitment to innovative and scalable cybersecurity solutions. The company also acquired Attivo Networks to enhance its cybersecurity offerings.
SentinelOne (NYSE: S) has partnered with Proofpoint to enhance ransomware protection through a new integration. This collaboration combines SentinelOne Singularity XDR with Proofpoint Targeted Attack Protection (TAP), offering comprehensive threat intelligence and multi-layered detection across email, cloud, and endpoints. Recent findings indicate that 83% of organizations faced successful phishing attacks in 2021, highlighting the critical need for advanced cybersecurity measures. The integrated solution will streamline threat detection and response for enterprises.
SentinelOne (NYSE: S) has introduced XDR Ingest, a new feature aimed at enhancing its cybersecurity platform by facilitating limitless data ingestion for its customers. This feature allows users to ingest, retain, and process data from various sources without incurring additional costs, tackling common issues related to traditional SIEM and log management systems. XDR Ingest will be available free for all Singularity XDR customers, helping to reduce long-term data storage costs and improving threat detection capabilities.
SentinelOne, Inc. (NYSE: S) plans to announce its fiscal Q2 2023 financial results and shareholder letter after the market closes on August 31, 2022. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET). Additionally, SentinelOne will participate in two investor conferences: Citi’s Global Technology Conference on September 8, 2022, and the Goldman Sachs Communacopia & Technology Conference on September 12, 2022. Live webcasts will be accessible on their Investor Relations website.
SentinelOne (NYSE: S) has announced a new integration with Armis to enhance cybersecurity against modern threats. This collaboration focuses on providing unified visibility across various devices, including IoT and OT, crucial for sectors like healthcare and manufacturing. With rising ransomware risks, this partnership aims to reduce attack surfaces through advanced asset intelligence. The companies will showcase their solutions at the Black Hat Conference in Las Vegas, scheduled for August 10 and 11, 2022.
Physicians Realty Trust reported a second quarter 2022 net income of $0.07 per share and $0.27 Normalized FFO per share, with total revenue rising 17% to $132.2 million. The Trust executed $46.9 million in investments, announced a quarterly dividend of $0.23 per share, and disposed of one property for $6.4 million, realizing a net gain of $3.7 million. A significant sale of three facilities in Great Falls, Montana on July 14 generated $116.3 million with a net gain of $53.9 million. The portfolio was 95% leased, and Same-Store Cash NOI grew 1.9% year-over-year.
Ivanti and SentinelOne have partnered to enhance cybersecurity through an integrated solution for vulnerability assessment and remediation. This collaboration aims to streamline patch management and reduce risks of cyberattacks, especially ransomware. Their joint offering will combine Ivanti Neurons for Patch Management with SentinelOne’s Singularity XDR platform to quickly detect and remediate vulnerabilities. This initiative addresses the complexities of patching, as highlighted by a survey indicating 71% of IT professionals find it overly challenging. The partnership seeks to improve operational efficiency for security teams.
SentinelOne (NYSE: S) has launched Storage Sentinel for Amazon S3, a cutting-edge malware prevention solution aimed at enhancing security for cloud storage. This new product utilizes AI technology to detect and respond to threats in real-time, significantly improving protection against advanced cyber-attacks.
The solution is designed to integrate with existing Singularity XDR platforms, providing comprehensive cloud security management. SentinelOne will showcase Storage Sentinel at AWS re:Inforce in Boston, MA, highlighting its capabilities in combating ransomware and other malicious activities.
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