SailPoint reports Q2 adjusted EPS 7c, consensus 4c

Reports Q2 revenue $264M, consensus $243.48M. “SailPoint (SAIL) delivered strong second quarter results that exceeded all previously guided metrics, driven by 37% year-over-year SaaS ARR growth and record cash flow from operations. We are seeing strong continued demand for our comprehensive, intelligent approach to secure humans and machines in the AI era,” said Mark McClain, SailPoint CEO and Founder. “Identity security is center stage in enterprise security, and our strategy is clearly working. As a result, we are raising our guidance for the full year across all metrics.”