SailPoint Technologies Holdings, Inc. (SAIL) Tops Q3 EPS by 7c, Offers Q4 Guidance

Go back to SailPoint Technologies Holdings, Inc. (SAIL) Tops Q3 EPS by 7c, Offers Q4 Guidance

SailPoint (SAIL) Shares Surge 16% After Topping Q3 Estimates, Analysts Positive on ARR Growth Acceleration

November 10, 2021 9:05 AM EST

Shares of SailPoint Technologies (NYSE: SAIL) are up over 16% in pre-open Wednesday after the company reported better-than-expected Q3 results.

SailPoint Technologies reported Q3 EPS of $0.00 to top the analyst estimate of ($0.07). Revenue for the quarter came in at $110.1 million versus the consensus estimate of $103.39 million.

SailPoint delivered another excellent quarter, highlighted by 44% total ARR growth and 39% subscription revenue growth. Demand for our SaaS and... More