SentinelOne reported 21% revenue growth and 23% ARR growth in Q1 FY2027 but missed estimates and issued weak Q2 guidance. The company will cut 8% of its workforce to invest in AI, data, and cloud security.
Cybersecurity stocks including CrowdStrike, Palo Alto Networks, Cloudflare, Zscaler, and Okta are falling after Anthropic accidentally leaked details of its new powerful AI model with strong cyber capabilities.
SentinelOne forecasts lower-than-expected Q4 revenue and announces the upcoming departure of CFO Barbara Larson, sending shares down over 8% in premarket trading.
