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SentinelOne (NYSE:S) actions dropped by 13% on Wednesday, after the cybersecurity company posted weaker-than-expected guidance that overshadowed its fiscal fourth-quarter results.
Looking ahead to fiscal 2025, SentinelOne expects sales to be between $812 million and $818 million, with the midpoint below the $817.5 million that analysts were expecting. He waits adjusted gross margin between 77.5% and 78.5%. Full-year adjusted operating margin is expected to be between -6 and -2%.
First-quarter revenue is expected to be $181 million, slightly below the estimate of $181.5 million.
The weak forecast comes after SentinelOne beat estimates for the fourth quarter.
For the period ended Jan. 31, SentinelOne lost an adjusted $0.02 per share on revenue of $174.2 million. Annual recurring revenue during the period was $724.4 million
A consensus of analysts had expected the company to lose $0.04 per share on revenue of $169.37 million.
The company will host a conference call at 5:00 pm EST to discuss the findings.
(This story has been updated to reflect the fiscal 2025 guidance range of $812 million and $818 million.)