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Benzinga
Benzinga
Business
Anusuya Lahiri

SailPoint Raises Outlook As CEO Says Identity Security Key For Enterprises, Stock Tumbles

SAIL SailPoint Nasdaq
Konskie,,Poland,-,April,29,,2024:,Sailpoint,Company,Logo,Displayed

SailPoint (NASDAQ:SAIL) stock slid on Tuesday after it reported fiscal second-quarter results.

The identity security firm reported revenue of $264.36 million, up 33% year-on-year and ahead of analyst expectations of $240.58 million.

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