When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SAIL - Sailpoint - Leadership In IGA Makes It A Buy
SailPoint Technologies Holdings Inc.
Sailpoint (SAIL) reported exceptional F2Q20 results that beat revenue estimate by 34% or by about $23 million. Sailpoint also beat EPS by $0.19, driven by higher than expected revenue, higher gross margin (up about 500bps Y/Y), lower than expected G&A, but offset slightly by higher than anticipated R&D and S&M expenses. Sailpoint also provided guidance that was ahead of estimates for 3Q and reintroduced full-year guidance, which it pulled following 1Q results. Sailpoint is a buy, given our confidence that it is the best solution to manage and administer identities. Sailpoint's focus on