AUSTIN, Texas, Dec. 09, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced financial results for its fiscal third quarter ended October 31, 2025. The company’s earnings release and presentation can be accessed on the quarterly results section of SailPoint’s investor relations website. SailPoint will host a conference call today at 8:30 a.m. Eastern Time to discuss the results and outlook, which is accessible here. About SailPoint At SailPoint ( ...

Industry Overview - The U.S. solar industry is experiencing growth, with record installations and strong projections for 2025, despite challenges such as a temporary freeze on Inflation Reduction Act funding and high interest rates affecting residential demand [1][4][5] - Photovoltaic (PV) solar accounted for 69% of new electricity-generating capacity added to the U.S. grid in Q1 2025, indicating its dominance in the energy sector [2] Installation Trends - The industry installed approximately 10.8 gigawatts-direct current (GWdc) of new solar capacity in Q1 2025, marking the fourth-largest quarterly installation on record [3] - The U.S. Energy Information Administration (EIA) projects a 33% increase in solar generation this summer and an addition of 32.5 GW of new utility-scale solar capacity by the end of 2025 [3] Challenges - The freeze on Inflation Reduction Act funding in January 2025 caused delays and uncertainty for solar projects, although most of the freeze was revoked following a court order in April [4] - Residential solar installations fell by 13% year over year in Q1 2025 due to high interest rates and economic uncertainty, with projections for flat growth in the residential segment over the next five years [5] - China's dominance in solar module manufacturing, accounting for 80% of global capacity, is exerting downward pressure on U.S. module pricing, with costs in China being 20% lower than in the U.S. [6] Market Performance - The Zacks Solar industry currently ranks 181, placing it in the bottom 26% of over 245 Zacks industries, indicating bleak near-term prospects [8] - The solar industry has underperformed compared to the Oils-Energy sector and the Zacks S&P 500 composite, with a collective loss of 46% over the past year [11] Valuation - The industry is currently trading at a trailing 12-month EV/EBITDA of 4.69X, significantly lower than the S&P 500's 16.87X and the sector's 4.87X [14] Notable Companies - **Tigo Energy Inc.**: Announced compatibility of its TS4 MLPE devices with Sonnen's hybrid inverter-battery systems, with a Zacks Consensus Estimate indicating a 64% improvement in 2025 sales [16][17] - **Nextracker**: Acquired Bentek Corporation for $78 million, enhancing its solar tracker platform and U.S. supply chain [18][19] - **Array Technologies**: Declared an acquisition of APA Solar, strengthening its domestic manufacturing and offerings for utility and commercial solar projects [22][23]