Sentinelone Inc Stock Price, News & Analysis

SentinelOne (NYSE: S) has launched LABScon, a new conference aimed at enhancing cybersecurity research and collaboration. The event features notable speakers, including Chris Krebs and Dmitri Alperovitch, discussing critical cybersecurity topics. With presentations from leading researchers and organizations, LABScon aims to foster community and shared knowledge in cybersecurity. The conference highlights advanced findings and new vulnerabilities, reinforcing the importance of collaboration in combating cyber threats. The event is backed by prominent sponsors, including Stairwell and Cisco Talos.

SentinelOne has launched S Ventures, a $100 million fund aimed at investing in innovative cybersecurity and data companies. This initiative is part of SentinelOne's commitment to fostering technological advancement in the cybersecurity sector. The fund will support startups at various stages, focusing on enhancing security and data innovation. Recent investments include companies like Armorblox and Noetic Cyber, which provide solutions for email security and cyber asset management, respectively.

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.