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What's Going On With SailPoint Technologies Stock?

Sailpoint Technologies Holdings Inc (NYSE: SAIL) shares are trading lower by 3.5% at $42.74 after the company reported breakeven first-quarter EPS, down from $0.04 year over year, along with worse-than-expected first-quarter sales results.

05/11/2021 11:25

Sailpoint Technologies Holdings Inc (NYSE:SAIL) shares are trading lower by 3.5% at $42.74 after the company reported breakeven first-quarter EPS, down from $0.04 year over year, along with worse-than-expected first-quarter sales results.

Sailpoint company also issued second-quarter and 2021 EPS guidance below estimates.

SailPoint is a U.S.-based company that acts as a provider of enterprise identity governance solutions. It mainly designs, develops, and markets identity governance software that helps organizations govern user access to critical systems and data.