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Cybersecurity company SentinelOne on Wednesday named Barbara Larson as its new finance chief, effective immediately.

SentinelOne trades at a notable discount to its peer group. Its lower valuation is likely due to its lack of GAAP profits.

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In its fiscal Q2, SentinelOne saw strong revenue growth and turned profitable on an adjusted basis. The company is seeing strong interest in its offerings following the CrowdStrike outage.

Malicious actors are using artificial intelligence (AI) to launch sophisticated attacks on businesses. SentinelOne uses AI to automate its cybersecurity software, leading to faster threat hunting and incident response.

Tomer Weingarten, SentinelOne CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, if CrowdStrike's outage could've happened to anyone, and customer appetite to spend on cybersecurity.

SentinelOne (S) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.08 per share a year ago.

SentinelOne reported Q2 earnings and revenue that topped estimates. The cybersecurity firm's guidance only met expectations.

SentinelOne raised its annual revenue forecast on Tuesday, anticipating new clients to turn to its cybersecurity products for safeguarding their digital operations amid growing online threats.

There seems to be a lot of expectation that SentinelOne will benefit from customers who switch away from CrowdStrike. However, buying habits may be changing with the "platformization" of cybersecurity services. Also, a lot will depend on management updates concerning ARR during the second quarter of 2025 (FQ2) earnings call.