• Q1 Revenue: $133.4 million missed estimates of $136.63 million
• Q1 EPS: loss of 15 cents beat estimates for a loss of 17 cents

Revenue was up 70% year-over-year, and ARR was up 75%. SentinelOne's total customer count increased 43% year-over-year to more than 10,680 customers as of the end of April. 

The company ended the quarter with $1.1 billion in cash, equivalents and investments. 

"Despite many underlying business strengths, our Q1 topline growth did not meet our expectations. Macroeconomic pressures continue to impact deal sizes, sales cycles, and pipeline conversion rates," the company said in a letter to shareholders.

"While not entirely new, the impact from these factors was more pronounced in Q1. Together, these evolving dynamics also impacted our expectations for Q2 and fiscal year 24."

Photo: Elchinator from Pixabay.