SentinelOne raises annual revenue forecast on robust cybersecurity spending


Signage and cars are displayed in honor of SentinelOne, a cybersecurity firm’s IPO, outside the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) -Cybersecurity firm SentinelOne on Tuesday forecast third-quarter revenue above Wall Street estimates and raised its annual revenue outlook, as cybersecurity spending remains strong.

The California-based company's shares rose nearly 18% in afterhours trading.

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