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After spending quite a bit of time in the penalty box, identity governance vendor SailPoint (SAIL) has finally shown the early signs of a strong recovery. The Texas-based, formerly PE-backed company reported strong Q2 results that blasted past consensus expectations, despite having earlier issued a doom-and-gloom forecast for the quarter that had revenue growth decelerating by as much as fifteen points. Investors reacted incredibly well to the results, sending shares of SailPoint up nearly 10% in after-hours trading: