SentinelOne falls on annual revenue forecast cut

Shares of cybersecurity firm SentinelOne S.N fall 11.5% to $17.41 in extended trading

Company lowers its annual revenue forecast, signaling cautious spending by businesses amid economic uncertainty

S expects annual revenue between $996 million and $1 billion vs prior forecast range of $1.01 billion to $1.012 billion

Company forecasts Q2 revenue of $242 million vs estimates of $244.9 million — data compiled by LSEG

Co also announces a share buyback program worth $200 million

Up to last close, stock down 11% YTD