SailPoint Parent, LP Stock Price, News & Analysis

SailPoint Technologies reported a record fourth quarter and full year for 2021, with total revenue reaching $135.6 million and $439.0 million, marking increases of 31% and 20% year-over-year, respectively. Subscription revenue surged to $78.8 million in Q4, a 41% increase, with total ARR at $370.4 million, up 48% year-over-year. However, the company experienced net losses of $9.7 million in Q4 and $61.6 million for the year. Moving forward, SailPoint anticipates ARR between $393.0 million and $395.0 million for Q1 2022, and expects full-year revenue between $513.0 million and $521.0 million.

SailPoint Technologies Holdings has appointed Colleen Healy as its new Chief Financial Officer (CFO), effective March 16, 2022. Healy brings nearly 30 years of finance experience, including 20 years at Microsoft. She replaces interim CFO Cam McMartin, who steps down on March 15, 2022. CEO Mark McClain expressed confidence in Healy's leadership as SailPoint aims for continued growth in identity security, a sector increasingly vital for modern enterprises. Healy has held various senior finance roles and is expected to enhance SailPoint's operational strategies.

SailPoint Technologies Holdings, Inc. (NYSE: SAIL) has appointed Meredith Blanchar as the new Chief Customer Officer. Blanchar, who has been with the company for nearly seven years, will enhance customer success initiatives and oversee the professional services team. President Matt Mills commended her impactful leadership, emphasizing a focus on customer success. Blanchar reiterated her commitment to a customer-first culture, aiming to deepen relationships with clients globally.

SailPoint Technologies Holdings announced the launch of a new Amazon Web Services (AWS) region in Tokyo, marking its seventh global region. This expansion aims to address the rising demand for cloud identity security and assist clients in meeting data residency requirements. The Tokyo region features a highly available multi-tenant SaaS environment, ensuring data isolation. SailPoint's cloud-native architecture allows for rapid deployment of regions, enhancing customer service across markets, particularly in Japan.

SailPoint Technologies Holdings (NYSE: SAIL) will report its fourth quarter and full year 2021 financial results on February 28, 2022, after market close. A conference call is scheduled for 5:00 p.m. ET to discuss these results, with access available via dial-in or webcast. The replay will be available until March 14, 2022. SailPoint specializes in identity security for enterprises, utilizing AI and machine learning for access management, thereby enhancing security foundations for complex enterprises.

SailPoint Technologies Holdings, Inc. (NYSE: SAIL) announced that CEO Mark McClain and SVP of Finance and Operations Josh Harding will participate in a virtual fireside chat at the 5th Annual Wells Fargo TMT Summit on Tuesday, November 30, at 1:20 p.m. ET. The event will be accessible via a live webcast at this link. A replay will also be available on the company's Investor Relations page under Events & Presentations.

SailPoint is a leader in identity security, leveraging AI to automate access management for enterprises.

SailPoint Technologies Holdings reported a strong third quarter for 2021, achieving a total ARR of $323.8 million, reflecting a 44% year-over-year growth. The company generated $110.1 million in total revenue, a 17% increase compared to Q3 2020, with subscription revenue notably soaring to $70.8 million, up 39%. However, the company posted a net loss of $19.9 million, compared to a $0.7 million loss in the same quarter last year. Looking ahead, SailPoint anticipates ARR of $358.0 million to $360.0 million for Q4 2021.

SailPoint Technologies (NYSE: SAIL) has achieved top rankings in all three evaluation categories in Forrester's "The Forrester Wave™: Identity Management and Governance, Q4 2021." The company received the highest possible scores in the Current Offering, Strategy, and Market Presence categories. SailPoint's Identity Platform excelled in criteria such as role management and SaaS governance. The report highlights SailPoint's strong product vision and high customer satisfaction, especially for large organizations needing sophisticated identity solutions.

SailPoint Technologies Holdings, Inc. (NYSE: SAIL) announced that CEO Mark McClain and SVP of Finance Josh Harding will participate in a virtual chat at the RBC Global Technology Conference on Tuesday, November 16 at 4 p.m. ET. The event will be available via live webcast, and a replay can be found in the Events & Presentations section of SailPoint's Investor Relations page. As a leader in identity security, SailPoint utilizes AI and machine learning to enhance access management for enterprises.