SailPoint Raises Outlook As CEO Says Identity Security Key For Enterprises, Stock Tumbles
Yahoo Finance·2025-09-09 16:56
SailPoint (NASDAQ:SAIL) stock slid on Tuesday after it reported fiscal second-quarter results. The identity security firm reported revenue of $264.36 million, up 33% year-on-year and ahead of analyst expectations of $240.58 million. Subscription revenue climbed 36% to $248 million. Adjusted EPS came in at a 2-cent loss, better than the anticipated 10-cent deficit. Also Read: SailPoint Q4 Earnings: 29% ARR Growth, Strong SaaS Momentum, Projects Up To $1.08 Billion ARR In 2026 Annual Recurring Revenue (ARR ...