SailPoint Technologies Holdings, Inc. (NYSE: SAIL) reported Q2 EPS of $0.00, $0.06 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $102.5 million versus the consensus estimate of $99.24 million.

“SailPoint finished another strong quarter, exceeding prior revenue and ARR guidance with Total ARR up 43% year-over-year. The outperformance this quarter was driven by our team’s relentless focus on customer satisfaction and the demonstrated value our identity security platform has on addressing the sophisticated needs of the modern enterprise,” said Mark McClain, SailPoint CEO and Founder.

“The business continues to benefit from solid execution and continued interest from global enterprises who increasingly recognize the foundational role identity security plays in securing their business. Heading into the second half of 2021, we are well-positioned with a strong team and a clear vision for identity security as we look to help more global companies create an enterprise security program that is grounded in identity security.”

GUIDANCE:

SailPoint Technologies Holdings, Inc. sees Q3 2021 EPS of ($0.07)-($0.06). SailPoint Technologies Holdings, Inc. sees Q3 2021 revenue of $102-104 million, versus the consensus of $103.7 million.

SailPoint Technologies Holdings, Inc. sees FY2021 EPS of ($0.08)-($0.04), versus the consensus of ($0.10). SailPoint Technologies Holdings, Inc. sees FY2021 revenue of $408-412 million, versus the consensus of $409.15 million.

For earnings history and earnings-related data on SailPoint Technologies Holdings, Inc. (SAIL) click here.