SolarWinds Corp

SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.

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SolarWinds reports robust Q4 performance and eyes hybrid cloud growth

SolarWinds delivered strong financial results, showcasing growth in revenue, subscription services, and strategic focus on customer value and observability solutions.
The company faces challenges in achieving long-term financial targets and navigating competitive market dynamics but has opportunities in hybrid cloud observability and strategic leadership appointments.
Overall, SolarWinds remains optimistic about its prospects, committed to execution, and poised for continued growth and success in the market.

SolarWinds exceeds Q1 revenue expectations, focuses on subscription growth

SolarWinds delivered a strong performance in Q1 2023, surpassing revenue expectations and showcasing notable subscription revenue growth. The company's emphasis on customer retention, expense management, and product innovation positions it well for future success.
While facing challenges in uncertain market conditions, SolarWinds remains focused on driving subscription adoption and improving profitability. The company's expansion into new markets and commitment to customer success signal a strategic approach to sustained growth.

SolarWinds reports robust Q2 earnings, raises guidance for 2023

SolarWinds Corp delivered a strong Q2 performance with revenue growth, increased customer spending, and improved EBITDA margins.
The company's strategic focus on AI, cybersecurity, and subscription adoption positions it well for future growth and innovation.
While challenges like customer conversion rates exist, SolarWinds' emphasis on discipline and investments signals a proactive approach to driving success.

SolarWinds reports solid Q3 earnings, raises guidance amidst cybersecurity focus

SolarWinds Corp delivered a strong Q3 performance driven by robust subscription revenue growth and efficient cost management, positioning the company for sustained profitability and revenue expansion. Despite facing challenges related to cybersecurity and competitive pressures, SolarWinds remains focused on innovation, customer retention, and market differentiation to drive long-term success.
With a strategic emphasis on a subscription-first strategy, product innovation, and ecosystem development, SolarWinds is well-positioned to capitalize on market opportunities and navigate industry challenges effectively. The company's proactive approach to addressing regulatory issues and commitment to cybersecurity underscore its resilience and dedication to maintaining customer trust.

SolarWinds surpasses Q4 expectations, eyes growth amidst challenges

SolarWinds Corp delivered strong Q4 2023 financial performance, exceeded guidance, and provided positive full year 2024 outlook despite macro uncertainties.
The company's focus on customer success, innovation, and partner ecosystem expansion underpins its competitive strengths and growth potential in the market.
While facing challenges such as analyst queries on guidance rationale and sales cycle complexities, SolarWinds is well-positioned to leverage opportunities for growth and market leadership.

SolarWinds Corp (SWI) excels in Q1 2024, poised for growth

SolarWinds Corp (SWI) reported strong Q1 2024 results, exceeding revenue guidance and showcasing growth in key metrics. With a subscription-first strategy, financial strength, and a focus on innovation, the company is well-positioned for future success. Challenges in competitive markets highlight the need for ongoing agility and innovation.

SolarWinds Corp (SWI) exceeds Q2 revenue targets, focuses on growth

SolarWinds Corp (SWI) reported a robust Q2 2024 performance, exceeding revenue guidance and showcasing strong subscription revenue growth.
The company's focus on observability solutions and customer retention contributed to a solid financial foundation.
While facing challenges in balancing growth and profitability, SolarWinds remains committed to sustaining subscription ARR momentum and exploring new opportunities.

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SolarWinds Corp. engages in providing information technology (IT) infrastructure management software. Its products include observability, network management, systems management, database management, IT service management, application management, and IT security. The company was founded in 1999 and is headquartered in Austin, TX.

SolarWinds' share price has dropped by 50% in December, after hackers used its ORION monitoring software to break into end-customers' IT systems. In response, the company issued product updates to breach the vulnerability, but by that time, government agencies and others had already been impacted with the full extent of the damage still unknown.

SolarWinds: Optimistic For 2022

SolarWinds Corporation (SWI) CEO Sudhakar Ramakrishna on Q4 2020 Results - Earnings Call Transcript

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In SolarWinds To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - February 28, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against SolarWinds Corporation ("SolarWinds" or the "Company") (NYSE:SWI) and reminds investors of the March 5, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in SolarWinds stock or options between February...

Solarwinds Class Action Reminder

New York, New York--(Newsfile Corp. - February 27, 2021) - WHY: New York, N.Y., February 27, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of SolarWinds Corporation (NYSE: SWI) between October 18, 2018 and December 17, 2020, inclusive (the "Class Period"), of the important March 5, 2021 lead plaintiff deadline in the class action first filed by the firm.SO WHAT: If you purchased SolarWinds securities during the Class...

Rosen, A Leading Law Firm, Encourages SolarWinds Corporation Investors with Large Losses to Secure Counsel Before Important March 5 Deadline in Securities Class Action - SWI

Penumbra

QuantumScape

NEW ORLEANS, Feb. 26, 2021 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:

SHAREHOLDER ALERT: CLAIMSFILER REMINDS PEN, QS, SWI INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Cybersecurity executives are due to face their second round of Congressional questions on Friday over their companies' roles in the sprawling series of digital intrusions blamed on the Russian government.

Tech execs face round two of Congressional grilling over SolarWinds breach

DURHAM, N.C.--(BUSINESS WIRE)-- #KevinBury--SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced the appointment of Kevin Bury as chief customer officer for the SolarWinds MSP division. As the organization embarks on its next wave of expansion, Bury will strengthen the existing investment in partner success for MSPs worldwide. Bury brings decades of experience and a passion for building and leading teams to help partners realize their maximum potential

Kevin Bury Joins SolarWinds as New Chief Customer Officer for the MSP Division, Building on Global Partner Success Initiatives

New Orleans, Louisiana--(Newsfile Corp. - February 25, 2021) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 5, 2021 to file lead plaintiff applications in securities class action lawsuits against SolarWinds Corporation (NYSE: SWI), if they purchased the Company's securities between October 18, 2018 and December 17, 2020, inclusive (the "Class Period"). These actions are pending in...

SOLARWINDS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against SolarWinds Corporation - SWI

SAN DIEGO--(BUSINESS WIRE)---- $SWI #Orion--Haeggquist & Eck, LLP Is Investigating Claims Against SolarWinds Corporation's Directors and Officers for Breach of Fiduciary Duty

Haeggquist & Eck, LLP Is Investigating Claims Against SolarWinds Corporation's Directors and Officers for Breach of Fiduciary Duty

Microsoft

Microsoft Corp's failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least nine federal government agencies, according to security experts and the office of U.S. Senator Ron Wyden.

Microsoft failed to shore up defenses that could have limited SolarWinds hack: U.S. senator

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced the APM Integrated Experience for the SolarWinds® application performance management (APM) solutions—AppOptics™, Loggly® , and Pingdom®—consolidating access to application performance metrics, traces, logs, and user experience into a common navigation experience for technology professionals. The new APM Integrated Experience helps reduce much of the comple

SolarWinds Unveils APM Integrated Experience, Unifying Application Metrics, Traces, Logs, and User Experience Data

Amazon

Amazon has confirmed that it was not affected by the sweeping SolarWinds hack because it does not use the IT company's software. In a letter to Sens. Mark Warner (D-VA) and Marco Rubio (R-FL) that was viewed by Insider, Amazon Web Services' vice president of public policy Shannon Kellogg said the company's cloud arm doesn't use SolarWinds' Orion software, so its services "were not compromised in any way, which is why we did not provide formal testimony on the panel yesterday."

Amazon said it skipped a Congressional hearing about the SolarWinds hack because the e-commerce giant doesn't use the company's software (AMZN, SWI)

LOS ANGELES, Feb. 25, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired SolarWinds Corporation ("SolarWinds" or the "Company") (NYSE: SWI) securities between...

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of SolarWinds Corporation (SWI) Investors

Shares of SolarWinds Corp. rallied 2.9% in premarket trading Thursday, after the network-management software company, which was a victim by a massive hacking campaign in December, reported fourth-quarter profit and revenue that rose above expectations, but provided a downbeat first-quarter outlook. Net income rose to $132.0 million, or 42 cents a share, from $13.1 million, or 4 cents a share, in the year-ago period.

SolarWinds stock rallies after profit, revenue rise above expectations

AUSTIN, Texas--(BUSINESS WIRE)-- #SWI--SolarWinds Corporation (NYSE: SWI), a leading provider of powerful and affordable IT management software, today reported results for its fourth quarter ended December 31, 2020. On a GAAP basis: Total revenue for the fourth quarter of $265.3 million, representing 7.2% growth on a reported basis. Total recurring revenue for the fourth quarter of $230.8 million, representing 13.7% growth on a reported basis. Total recurring revenue includes: Maintenance revenue for

SolarWinds Announces Fourth Quarter 2020 Results

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of SolarWinds Corporation (“SolarWinds” or the “Company”) (NYSE: SWI) from February 24, 2020 through December 15, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Western District of Texas alleges violations of the Securities Exchange Act of 1934.

SWI SHAREHOLDER FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against SolarWinds Corporation

CrowdStrike

FireEye

Top executives at SolarWinds, Microsoft, FireEye, and CrowdStrike defended their conduct in breaches blamed on Russian hackers.

SolarWinds, Microsoft, FireEye, and CrowdStrike defend conduct in major breach

True scope of the breach, which affected 100 companies and several federal agencies, is still unknown

SolarWinds hack was work of 'at least 1,000 engineers', tech executives tell Senate

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In SolarWinds To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - February 23, 2021) -  Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against SolarWinds Corporation ("SolarWinds" or the "Company") (NYSE: SWI) and reminds investors of the March 5, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in SolarWinds stock or options between...

SolarWinds Shareholder Alert

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of SolarWinds Corporation (NYSE: SWI) between October 18, 2018 and December 17, 2020, inclusive (the “Class Period”), of the important March 5, 2021 lead plaintiff deadline in the class action first filed by the firm.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages SolarWinds Corporation Investors with Large Losses to Secure Counsel Before Important March 5 Deadline in Securities Class Action – SWI

A cyberespionage campaign waged by Russian foreign intelligence on U.S. companies and government institutions was of a scale and sophistication never before seen, technology executives told the Senate Select Committee on Intelligence on Tuesday.

Capitol Report: Russia assigned more than 1,000 expert engineers to execute SolarWinds hack, says Microsoft exec

Microsoft Corp has notified 60 customers that their data was likely compromised in the suspected Russian hacking campaign centered on Texas-based software firm SolarWinds Corp, the company's president told U.S. lawmakers on Tuesday.

Microsoft says it notified 60 customers of SolarWinds breach - U.S. Senate panel hearing

He planned to tell lawmakers that private sector companies should be required to be transparent about significant breaches of their systems.

Microsoft president: The only reason we know about SolarWinds hack is because FireEye told us

SolarWinds Corp (NYSE: SWI) CEO Sudhakar Ramakrishna, Microsoft Corp (NASDAQ: MSFT) President Brad Smith, FireEye Inc (NASDAQ: FEYE) CEO Kevin Mandia, and CrowdStrike Holdings Inc (NASDAQ: CRWD) CEO George Kurtz are expected to defend themselves to the Senate over a set of interruptions that have enabled alleged Russian spies to wreak havoc across American networks, compromising nine federal agencies and 100 private-sector companies, Reuters reports. The CEOs will debate over mandatory transparency against the most avoidable topic of cyberespionage.

SolarWinds, Microsoft, FireEye, CrowdStrike To Testify In Senate In Russian Cyber Hack Case

Top executives at Texas-based software company SolarWinds, digital giant Microsoft and cybersecurity firms FireEye and CrowdStrike are expected on Tuesday to defend their companies' responses to a sprawling series of breaches blamed on Russian hackers when they face the U.S. Senate's Select Committee on Intelligence.

News for SolarWinds Corp Stock (SWI)