SailPoint Announces First Quarter 2021 Financial Results

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SailPoint Technologies Holdings, Inc. (SAIL) Reports In-Line Q1 EPS, Revenues Miss; Offers 2Q & FY21 EPS/Revenues Outlook

May 10, 2021 4:30 PM EDT

SailPoint Technologies Holdings, Inc. (NYSE: SAIL) reported Q1 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $90.76 million versus the consensus estimate of $91.19 million.

SailPoints strong first quarter performance built upon our fiscal year 2020 results. Our performance this quarter was driven by a combination of continued growing demand for the SailPoint Identity Platform and strong execution across all teams, said Mark McClain, SailPoint CEO and founder.

As the attack surface continues to grow, there is an increased appreciation and recognition that identity security is fundamental to... More