Press release:
[…]
First Quarter Fiscal 2023 Highlights
(All metrics are compared to the first quarter of fiscal year 2022 unless otherwise noted)
* Total revenue increased 109% to $78.3 million, compared to $37.4 million.
* Annualized recurring revenue (ARR) increased 110% to $339.0 million as of April 30, 2022.
* Total customer count grew over 55% to over 7,450 customers as of April 30, 2022. Customers with ARR over $100K grew 113% to 591 as of April 30, 2022. Dollar-based net revenue retention rate was a record 131%.
* Gross margin: GAAP gross margin was 65%, compared to 51%. Non-GAAP gross margin was 68%, compared to 53%.
* Operating margin: GAAP operating margin was (115)%, compared to (165)%. Non-GAAP operating margin was (73)%, compared to (127)%.
* Cash, cash equivalents and short-term investments were $1.6 billion as of April 30, 2022.
Financial Outlook
We are providing the following guidance for the second quarter of fiscal year 2023, ending July 31, 2022, and for our full fiscal year 2023, ending January 31, 2023, which now includes the expected results of the Attivo Networks, Inc. acquisition completed on May 3, 2022:
Q2 2023 FY2023
Revenue 95-96 million $403-407 million
Non-GAAP gross margin 68-69% 69-70%
Non-GAAP operating margin (75)-(73)% (60)-(55)%
[…]
https://investors.sentinelone.com/press-releases/news-detail…
Shareholder letter:
https://s28.q4cdn.com/399982429/files/doc_financials/2023/q1…
Chuck