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.

The mean of analysts' price targets for SolarWinds (SWI) points to a 29.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe SolarWinds (SWI) Could Rally 29.29%: Here's is How to Trade

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces the launch of SolarWinds® AI to transform IT operations and empower tech pros to manage the complexities of modern digital environments. The purpose-built generative AI engine was developed using the company's newly unveiled AI by Design framework to help ensure privacy, security, and reliability in developing advanced AI technologies. SolarWi.

SolarWinds AI Launches to Transform IT Service Management

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced significant enhancements for SolarWinds® Database Performance Analyzer (DPA) to provide enterprises with greater visibility and control over databases across on-prem and cloud environments. The upgrades are aimed at helping enterprises maximize the value, performance, and migration efficiency of their PostgreSQL® databases. The updated S.

SolarWinds Unveils Enhanced Database Performance Analyzer with Advanced PostgreSQL Support

The mean of analysts' price targets for SolarWinds (SWI) points to a 34.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 34.27% Upside in SolarWinds (SWI): Can the Stock Really Move This High?

SolarWinds Corporation (NYSE:SWI ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Tim Karaca - Group Vice President of Finance Sudhakar Ramakrishna - President and Chief Executive Officer Bart Kalsu - Chief Financial Officer Conference Call Participants Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Operator Thank you for standing by. My name is Kathleen and I will be your conference operator today.

SolarWinds Corporation (SWI) Q1 2024 Earnings Call Transcript

The headline numbers for SolarWinds (SWI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About SolarWinds (SWI) Q1 Earnings

SolarWinds (SWI) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.20 per share a year ago.

SolarWinds (SWI) Surpasses Q1 Earnings and Revenue Estimates

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its first quarter ended March 31, 2024. First Quarter Financial Highlights Total revenue for the first quarter of $193.3 million, representing 4% year-over-year growth, and total recurring revenue representing 93% of total revenue. Net income for the first quarter of $15.6 million. Adjusted EBITDA for the first qua.

SolarWinds Announces First Quarter 2024 Results

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, recently announced enhancements to Plan Explorer®, its tool for analyzing query performance in Microsoft® SQL Server® environments. This free product helps database professionals analyze query execution plans to improve database performance and drive better technical efficiency in their data ecosystems. The Plan Explorer tool helps database teams find t.

SolarWinds Enhances Plan Explorer to Help Database Pros Improve Operations, Performance, and Business Outcomes

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI) is a leading provider of simple, powerful, secure observability and IT management software. Today, the company unveiled a groundbreaking new consultative approach to maximize the value of IT service management (ITSM) solutions for enterprises without the burdensome costs and staffing requirements typically associated with high-level IT consultancy. With the launch of a free online evaluation and assessment tool, SolarWinds now offers enterpr.

SolarWinds Launches Consultative Sales Model to Help Customers Maximize Value of ITSM Solutions

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will report its financial results for the first quarter of 2024 on Thursday, May 2, 2024. FIRST QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the first quarter of 2024 at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Thursday, May 2, 2024. A live webcast of the call will be.

SolarWinds to Announce First Quarter 2024 Financial Results on Thursday, May 2

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the winners of its 2024 Transform Partner Awards, which honor the achievements of the company's valued channel partners throughout the past year. The awards were issued at the Transform Partner Summit series hosted by SolarWinds across Europe, Asia, and the Americas as an opportunity for its global partners to network, learn, and celebra.

SolarWinds Announces Winners of 2024 Transform Partner Awards

CORK, Ireland--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will attend SITS, Europe's leading event for IT service management (ITSM), service desk, and IT support professionals. SolarWinds will showcase its easy-to-use ITSM product portfolio on April 17 – 18 at ExCeL London. “Evolving tech landscapes and modernization efforts are driving complexity in today's hybrid IT environments. This make.

SolarWinds Attends SITS 2024 in London

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today commemorates a quarter-century of producing cutting-edge solutions that deliver value and reduce complexity for enterprises, wherever they are on their digital transformation journeys. Founded in 1999 with a vision to simplify IT management, SolarWinds solutions continue to provide organizations worldwide—regardless of type, size, or complexity—wi.

SolarWinds Celebrates Twenty-Five Years of Excellence in IT Management and Innovation

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it has submitted its Secure Software Development self-attestation in alignment with Cybersecurity and Infrastructure Security Agency (CISA) and Office of Management and Budget (OMB) requirements. In submitting its form to the Repository for Software Attestation and Artifacts (RSAA), SolarWinds is the first software provider to publish CI.

SolarWinds Becomes First Software Provider to Align With New CISA Secure Software Development Guidance

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announced it will host its annual Americas Partner Summit 2024 in Miami April 8–10, 2024. The event is part of the SolarWinds Transform Partner Summit series hosted by the company across Europe, Asia, and the Americas as an opportunity for its global partners to network, learn, and celebrate their successes alongside SolarWinds. At the summits, SolarWin.

SolarWinds to Host Americas Transform Partner Summit, Emphasizing Company's Commitment to Channel Partners

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced that its board of directors has declared a special cash dividend on the company's common stock of $1.00 per share, payable on April 15, 2024, to stockholders of record as of the close of business on April 3, 2024. The aggregate payment will be approximately $168 million, which represents our approximate free cash flow for fiscal year 202.

SolarWinds Announces Special Cash Dividend

CORK, Ireland--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will attend SQLBits in Farnborough, England, from March 19 – 23 as a gold sponsor. SQLBits is Europe's largest data platform conference, featuring 200 world-class speakers, more than 300 hours of content, and engaging networking opportunities. Attendees can deepen their knowledge of everything from the SQL Server® product suite and tr.

SolarWinds Sponsors SQLBits 2024, Europe's Largest Data Platform Conference

SYDNEY--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will host its annual Asia-Pacific and Japan (APJ) Partner Summit 2024 in person in Bali, Indonesia, from March 4 - 6. The event is part of a series of SolarWinds Transform Partner Summits the company is hosting across Europe, Asia, and the Americas. The APJ Partner Summit brings together partners from 17 countries in the region to network, l.

SolarWinds to Host APJ Transform Partner Summit, Emphasizing Company's Commitment to Channel Partners

SolarWinds Corp (SWI) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for SolarWinds (SWI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

SolarWinds (SWI) Reports Q4 Earnings: What Key Metrics Have to Say

SolarWinds (SWI) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.

SolarWinds (SWI) Beats Q4 Earnings and Revenue Estimates

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Total revenue for the fourth quarter of $198.1 million, representing 6% year-over-year growth, and total recurring revenue representing 92% of total revenue. Net loss for the fourth quarter of $0.6 million. Adjusted.

SolarWinds Announces Fourth Quarter and Full Year 2023 Results

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced enhancements to its SaaS-based and self-hosted, on-premises observability solutions built to monitor and observe complex, distributed environments from anywhere. The AI-powered enhancements enable teams to manage on-prem, hybrid, or cloud-native ecosystems with full-stack visibility across networks, infrastructure, databases, application.

SolarWinds Unveils Transformative Enhancements to Observability Solutions

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for SolarWinds (SWI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

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