SailPoint Announces Fourth Quarter and Full Year 2019 Financial Results
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SailPoint Technologies Holdings, Inc. (SAIL) Tops Q4 EPS by 7c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus
February 24, 2020 4:20 PM ESTSailPoint Technologies Holdings, Inc. (NYSE: SAIL) reported Q4 EPS of $0.15, $0.07 better than the analyst estimate of $0.08. Revenue for the quarter came in at $89 million versus the consensus estimate of $85.67 million.
Financial Highlights for Fourth Quarter 2019:
Revenue: Total revenue was $89.0 million, a 10% increase over Q4 2018. Subscription revenue was $40.5 million, a 37% increase over Q4 2018. License revenue was $38.0 million, a 6% decrease from Q4 2018. Services and other revenue was $10.6 million, consistent with Q4 2018.Operating Income: Income from operations was $6.0 million compared to $11.2 million in Q4 2018. Non-GAAP income from operations was $15.2 million compared to $18.4... More