SentinelOne CEO says the cybersecurity company is not for sale

United States News News

SentinelOne CEO says the cybersecurity company is not for sale
United States United States Latest News,United States United States Headlines

SentinelOne wants to keep being a publicly traded company after going public in 2021, although it has underperformed some of its peers this year

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

reported that security startup Wiz was considering an acquisition of SentinelOne, pointing to comments from a Wiz spokesperson.

SentinelOne shares rose more than 10% in extended trading on Thursday after the company reported stronger-than-expected fiscal second-quarter . Revenue grew 46% year over year, down from 70% in the fiscal first quarter. The company called for $156 million in fiscal third-quarter revenue, above the Refinitiv consensus of $154.2 million.Sign up for NBC Philadelphia newsletters.

"Obviously, there is an unbelievable amount of rumors and speculation in the market," Weingarten said."I think what you can easily see from our numbers is that we're a high-growth company, a high-performance company. We're solely focused on our individual path. We have demonstrated unbelievable margin improvement alongside incredible growth, so all in all right now, for us it's just doing the best that we can to drive our innovation, protect our customers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCPhiladelphia /  🏆 569. in US
 

United States United States Latest News, United States United States Headlines



Render Time: 2025-01-12 11:34:32