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.

DUBAI, United Arab Emirates--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced its participation at GITEX GLOBAL 2023, October 16-20, in World Trade Center, Dubai, United Arab Emirates. SolarWinds will present at booth H7-F50 alongside its value-added distribution partners in the region – CyberKnight and Spire Solutions – showcasing its award-winning full-stack observability products, comprehensive da.

SolarWinds Exhibits at GITEX Global 2023

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the launch of new service management and database observability solutions designed to help companies achieve operational excellence, better business outcomes and accelerated innovation across the enterprise. Announced at today's SolarWinds Day virtual summit, the new Enterprise Service Management (ESM) and upgraded SQL Sentry® solutions.

SolarWinds Continues Ongoing Business Evolution With New and Upgraded Service Management and Database Observability Solutions

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, released the findings of its 2023 IT Trends Report: Lessons From Observability Leaders. The report explores how enterprises can act proactively to maximize the advantages of their observability solutions, integrate best practices into implementations, and mitigate common adoption challenges. The report also found that companies implementing observabilit.

IT Trends Report 2023: Observability Advances Automation and Empowers Innovation, Yet Adoption Still in Early Stages

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will participate in the Gartner IT Symposium/Xpo™ 2023 conferences held worldwide over the coming months. At the events, SolarWinds will showcase its award-winning portfolio of products, including Hybrid Cloud Observability, SolarWinds® Observability, and SolarWinds IT service management (ITSM). “In today's world, where cloud-native d.

SolarWinds to Participate in Gartner IT Symposium/Xpo 2023 Worldwide Events

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces new updates to its Transform Partner Program designed to accelerate growth and drive revenue for partners, including increased benefits, a new go-to-market approach, new revenue pools, cloud marketplaces, and more. SolarWinds launched its Transform Partner Program last year to enable industry-leading technology partners to better support their.

SolarWinds Unveils Enhancements to Channel Partner Program

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces database and cloud migration expert Kevin Kline has been appointed Senior Staff Technical Marketing Manager. After a brief hiatus, Kline has returned to the SolarWinds team to serve as a subject matter expert on a variety of data management systems. With nearly 35 years of experience across data and analytics technologies, product management,.

Veteran Technology Leader, Microsoft Data Platform Expert Returns to SolarWinds to Focus on DataOps, SQL, Cloud Migration

SolarWinds Corp (NYSE:SWI ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Tim Karaca - VP, Strategic Finance and Investor Relations Sudhakar Ramakrishna - President, CEO & Director Bart Kalsu - EVP, CFO & Treasurer Conference Call Participants Sanjit Singh - Morgan Stanley Rob Oliver - Robert W. Baird Matt Hedberg - RBC Capital Markets Erik Suppiger - JMP Securities Connor Passarella - Truist Securities Jeffrey Luo - Goldman Sachs Operator Good morning and welcome to the SolarWinds Second Quarter 2023 Earnings Call.

SolarWinds Corp (SWI) Q2 2023 Earnings Call Transcript

SolarWinds (SWI) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago.

SolarWinds (SWI) Surpasses Q2 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 second quarter ended June 30, 2023. Second Quarter Financial Highlights Total revenue for the second quarter of $185.0 million, representing 5% year-over-year growth, and total recurring revenue representing 92% of total revenue. Net income for the second quarter of $0.3 million. Adjusted EBITDA for the second.

SolarWinds Announces Second Quarter 2023 Results

AUSTIN, TEXAS--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announced its Next-Generation Build System received a CSO50 Award for IT Infrastructure Monitoring and Management. The Next-Generation Build System, a key component of the SolarWinds Secure by Design initiative, is a new secure software framework leveraging a unique parallel-build process where software is developed in multiple secure, duplicate, and ep.

SolarWinds Next-Generation Build System Wins CSO50 Award for IT Infrastructure Monitoring and Management

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces its Next-Generation Build System, a transformational model for secure software development, was named Best Security Infrastructure in Enterprise by the Cloud Security Awards. As a key component of the SolarWinds Secure by Design initiative, the Next-Generation Build System leverages a unique parallel build process where software is developed i.

SolarWinds Next-Generation Build System Wins Best Security Infrastructure in Enterprise Cloud Security by The Cloud Security Awards 2023

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will report its financial results for the second quarter of 2023 on Thursday, August 3, 2023. SECOND QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the second quarter of 2023 at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Thursday, August 3, 2023. A live webcast of the call will be av.

SolarWinds to Announce Second Quarter 2023 Financial Results on Thursday, August 3

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces its Next-Generation Build System aligns with the National Institute of Standards and Technology (NIST®) Secure Software Development Framework (SSDF) and Software Supply Chain Security Guidance. SolarWinds launched its Secure by Design initiative in 2021 in response to SUNBURST. This initiative is a multi-pronged strategic approach featuring pr.

SolarWinds Announces Its Next-Generation Build System Aligns with NIST Secure Software Development Framework

NEW YORK , July 10, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of SolarWinds Corporation (NYSE: SWI). If you are a shareholder of SolarWinds Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/solarwinds-corporation/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating SolarWinds Corporation for Potential Breaches of Fiduciary Duty By Its Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces several industry awards and recognitions for its executives and solutions this year. SolarWinds enables companies to manage increasingly complex hybrid and multi-cloud environments to accelerate digital transformation, drive automation, modernize applications and undertake cloud migration initiatives. The company has further enhanced its solut.

SolarWinds Recognized for Product and Industry Excellence Globally

The chief executive of US software firm SolarWinds told employees Friday that "we intend to vigorously defend ourselves" in the face of potential legal action from US regulators over the firm's handling of a sweeping 2020 breach by alleged Russian hackers, according to an internal SolarWinds email obtained by CNN.

SolarWinds chief vows to fight any legal action from US regulators over alleged Russian hack

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced a new SolarWinds Day event focused on critical steps software companies can take to become more secure and work collaboratively to improve the security of the nation's cyberinfrastructure. The SolarWinds Day Secure by Design virtual event on June 28 will be hosted by SolarWinds CISO and VP of Security Tim Brown and will focus on the comp.

SolarWinds Day: Secure by Design Virtual Event on June 28 to Showcase the Importance of Public-Private Cybersecurity Partnerships

The Department of Energy and several other federal agencies were compromised in a Russian cyber-extortion gang's global hack of a file-transfer program popular with corporations and governments, but the impact was not expected to be great, Homeland Security officials said Thursday.

Energy Department among federal agencies breached by Russian ransomware gang

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today unveiled a new brand reflecting the company's recent transformative efforts to evolve its business, expand its product portfolio, and enhance its go-to-market strategy. For nearly 25 years, SolarWinds has provided customers with solutions designed to accelerate their digital transformation efforts and increase their productivity while providing ex.

SolarWinds Transforms Brand to Signify Ongoing Evolution, Portfolio Expansion, and Customer Empowerment

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces it's adding transformative artificial intelligence (AI) and machine learning (ML) capabilities to its IT service management (ITSM) solutions. The new AI features include a virtual agent to help users solve everyday IT problems and guided incident resolution to empower agents with the information they need to effectively resolve complex issues.

SolarWinds Adds Transformative AI Features to IT Service Management Solutions

RESTON, Va.--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure observability and IT management software, today announced the findings of its eighth annual Public Sector Cybersecurity Survey Report. This year's survey includes responses from 400 public sector IT operations and security decision-makers, including 200 federal, 100 state and local, and 100 education respondents. “The threat foreign governments pose to the security of government IT systems ha.

Foreign Governments Now Seen as Leading Cybersecurity Threat as The Public Sector Battles Increasing IT Complexity

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced a new healthcare team dedicated to supporting the healthcare industry. SolarWinds® tools, including its Hybrid Cloud Observability solution, and teams are specifically designed to help the healthcare sector streamline its IT operations, manage networks, and help it focus on what matters most: delivering great patient care. As the industr.

SolarWinds Announces New Dedicated Healthcare Team to Support Evolving Healthcare Sector

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 May 10 – 11 at ExCeL London. “A company's digital transformation journey is an opportunity for IT support teams to provide a level of service never seen.

SolarWinds Attends SITS 2023 in London

SolarWinds Corp (SWI) Q1 2023 Earnings Call Transcript.

SolarWinds Corp (SWI) Q1 2023 Earnings Call Transcript

SolarWinds (SWI) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.24 per share a year ago.

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