The New SentinelOne IPO Faces Headwinds | S Stock Analysis
SentinelOne (S), a recent cybersecurity IPO, is under attack today despite posting impressive upside Q3 results that featured triple-digit revenue growth and substantial gross margin expansion. Furthermore, the provider of end-point security solutions issued strong Q4 revenue guidance that exceeded expectations ($60-61 mln vs. $56.5 mln), illustrating that demand remains robust as organizations look to shield themselves from an onslaught of cyberattacks. Considering the company's exceptional performance, today's weakness seems rather surprising.
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