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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.
Easterly Government Properties (NYSE: DEA) has acquired a 99,246 square foot facility in Beavercreek, Ohio, fully leased to Northrop Grumman Systems (NYSE: NOC). The build-to-suit property, occupied since 2012, features robust security enhancements and is strategically located adjacent to Wright-Patterson Air Force Base. This acquisition aligns with Easterly's focus on mission-critical real estate for government-adjacent companies.
The facility's proximity to the Air Force Research Laboratory's (AFRL) headquarters underscores its strategic importance. AFRL, founded in 1917, is the primary scientific research and development center for the Department of the Air Force, employing over 12,500 people across nine technology areas. With this addition, Easterly's portfolio now includes 95 properties totaling 9.3 million square feet.
SentinelOne (NYSE: S) reported strong Q2 FY2025 results, with revenue increasing 33% year-over-year to $198.9 million and ARR up 32% to $806.0 million. The company achieved its first quarter of positive net income and EPS. Key highlights include:
- GAAP gross margin improved to 75% from 70%
- Non-GAAP gross margin rose to 80% from 77%
- GAAP operating margin improved to (40)% from (67)%
- Non-GAAP operating margin improved to (3)% from (22)%
- Customers with ARR of $100,000+ grew 24% to 1,233
SentinelOne raised its revenue outlook for FY2025, projecting Q3 revenue of $209.5 million and full-year revenue of $815 million. The company maintains a strong balance sheet with $1.1 billion in cash and investments.
SentinelOne (NYSE: S) announced the winners of its 2024 Asia-Pacific and Japan (APJ) Partner Awards at the annual APJ Partner Summit in Thailand. The awards recognize partners' achievements in creating customer value, driving growth, and transforming cybersecurity through collaboration and innovative solutions.
Key winners include:
- APJ Partner of the Year: Advantage
- APJ Distribution Partner of the Year: iValue Infosolutions Pvt
- APJ MSSP Partner of the Year: CoreCloud Technology
- APJ IR Partner of the Year: McGrathNicol
The awards highlight SentinelOne's commitment to its partner ecosystem in delivering AI-powered cybersecurity solutions. The summit focused on accelerating customer innovation through SentinelOne's Singularity™ Platform, which uses advanced generative AI and a unified data lake to protect organizations against attacks across endpoints, identity, and cloud.
SentinelOne (NYSE: S) has announced key dates for its fiscal second quarter 2025 financial results and upcoming investor events. The company will release its Q2 2025 financial results on August 27, 2024, followed by a conference call at 2:00 p.m. PT. Additionally, SentinelOne will participate in the Goldman Sachs Communacopia + Technology Conference on September 11, 2024. The company will also host an Investor Technology Session at its annual customer conference, OneCon24, on October 16, 2024, in Las Vegas. This session will focus on SentinelOne's vision for AI-based autonomous security, new innovations, and the evolution of cybersecurity. Investors can access live webcasts and replays of these events on SentinelOne's Investor Relations website.
SentinelOne (NYSE: S) has launched a new program at Black Hat 2024 to provide advanced AI-powered security solutions for small and medium-sized businesses (SMBs). The program includes a free 30-day trial of Singularity™ Control, expert advice, and implementation support. SentinelOne's Singularity Platform offers superior defense, leading the MITRE Engenuity ATT&CK Evaluations with 100% detection and #1 Real-World Protection. The company has been named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms for three consecutive years.
The program aims to make enterprise-grade security accessible to SMBs, providing comprehensive coverage for various devices and operating systems. Customers have validated SentinelOne's effectiveness, with a 95% recommendation rate on Gartner Peer Insights. The initiative allows SMBs to try Singularity Control for free, receive support from cybersecurity providers, and engage with experts to protect their businesses from complex threats.
SentinelOne (NYSE: S) has announced an enhanced collaboration with Google Cloud to bolster AI-powered cybersecurity. This partnership integrates SentinelOne’s autonomous endpoint protection with Google Cloud’s threat intelligence, aiming to reduce cyber threats and enhance security for enterprises. The integration will utilize Google's Gemini 1.5 Pro and Flash models to improve SentinelOne’s AI capabilities. Both companies will share telemetry data to provide comprehensive security insights. They plan to further educate the community through industry conferences.
SentinelOne (NYSE: S) and Intezer have launched Project OxA11C, aimed at simplifying the reverse engineering of Rust malware. The initiative, unveiled at Black Hat 2024, seeks to address the growing complexity of Rust-based threats and empower threat researchers to better understand and characterize this emerging malware ecosystem. Key points include:
1. Development of a methodology to make Rust malware analysis more approachable
2. Creation and release of open-source tools to tackle the problem
3. Collaboration between SentinelLabs and Intezer researchers
4. Drawing insights from previous work on Go malware analysis (AlphaGolang)
5. Addressing the challenges posed by Rust's unique features in malware analysis
The project aims to provide clarity on the true size of the Rust malware ecosystem and equip reverse engineers with the necessary tools to combat these threats effectively.
SentinelOne (NYSE: S) has announced the general availability of Singularity MDR and Singularity MDR + DFIR at Black Hat 2024. This new Managed Detection and Response (MDR) service combines SentinelOne's AI-powered Singularity Platform with expert security knowledge to provide comprehensive coverage across endpoints, identities, networks, and cloud workloads. The service aims to help resource-constrained organizations efficiently secure their environments against complex attacks.
Key features of Singularity MDR include:
- 24/7/365 expert coverage
- Enhanced detection and response capabilities
- Access to threat hunting expertise
- Tailored service delivery
- End-to-end coverage including DFIR retainers and Breach Response Warranty
SentinelOne (NYSE: S) unveiled new AI-powered security innovations for its Singularity Platform at Black Hat 2024. Key advancements include:
1. Purple AI: Provides natural language alert summaries and query support across environments.
2. Cloud Infrastructure Entitlement Management (CIEM): Enhances cloud security by managing access rights to cloud resources.
3. Expanded Endpoint and Identity Protection: Offers unified agent deployment with built-in deception features and compromised credential protection.
4. Extended Security Posture Management (xSPM): Delivers real-time insights into vulnerabilities and misconfigurations across cloud, endpoint, identity, and third-party risk.
5. AI SIEM: Replaces legacy SIEM solutions with an AI-powered platform for data and workflows.
SentinelOne's platform has received industry recognition, including top rankings in MITRE Engenuity ATT&CK Evaluations and Gartner Magic Quadrant for Endpoint Protection Platforms.
SentinelOne (NYSE: S), a global leader in AI-powered security, has appointed Alex Stamos as its Chief Information Security Officer (CISO). Stamos, formerly Chief Security Officer at Meta and CISO at Yahoo!, will oversee the company's security engineering and operations teams. His primary focus will be on developing secure-by-design systems that enterprises can trust.
Stamos joined SentinelOne as Chief Trust Officer in 2023 through the acquisition of the Krebs Stamos Group. He brings extensive experience, including roles on various cybersecurity committees and teaching at Stanford University. The appointment underscores SentinelOne's commitment to prioritizing security and maintaining high standards in product delivery.
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