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 (SWI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

SolarWinds (SWI) Hit a 52 Week High, Can the Run Continue?

SolarWinds Corporation (NYSE:SWI ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Tim Karaca - Vice President, Finance Sudhakar Ramakrishna - President and CEO Lewis Black - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Patrick Colville - Scotiabank Operator Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today.

SolarWinds Corporation (SWI) Q3 2024 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 September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, SolarWinds (SWI) Q3 Earnings: A Look at Key Metrics

SolarWinds (SWI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.23 per share a year ago.

SolarWinds (SWI) Q3 Earnings and Revenues Surpass 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 third quarter ended September 30, 2024. Third Quarter Financial Highlights Total revenue for the third quarter of $200.0 million, representing 6% year-over-year growth, and total recurring revenue representing 94% of total revenue. Net income for the third quarter of $12.6 million. Adjusted EBITDA for the third.

SolarWinds Announces Third Quarter 2024 Results

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 third quarter of 2024 on Thursday, October 31, 2024. THIRD QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the third quarter of 2024 at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Thursday, October 31, 2024. A live webcast of the ca.

SolarWinds to Announce Third Quarter 2024 Financial Results on Thursday, October 31

Shares have remained flat this year despite steady performance in the underlying business. Despite growth remaining muted, adjusted EBITDA margins have improved substantially, reached nearly 48% in Q2. At 12 times earnings, shares are valued at a large and unwarranted discount versus peers.

SolarWinds: Strong Margins And Attractive Valuation Compensate For Slower Growth

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the launch of the next generation of SolarWinds® Observability, now available in self-hosted or SaaS options. Building on its over 25 years of leadership in network and infrastructure monitoring, the company has expanded its network, infrastructure, and cloud observability capabilities, offering customers exceptional value and uncompromi.

SolarWinds Closes the Market's Hybrid IT Observability Gap, Accelerating Transformations for Customers

Company Recognized for Exceptional Marketing Efforts and Outcomes Within the Public Sector Market Company Recognized for Exceptional Marketing Efforts and Outcomes Within the Public Sector Market

SolarWinds Recognizes Carahsoft With 2024 Public Sector Excellence in Marketing Award

TEL AVIV, Israel--(BUSINESS WIRE)--Tim Brown joins Cytactic's Advisory Board and shares his personal insights and advice on the increasingly sophisticated cyber crisis landscape.

SolarWinds CISO Tim Brown joins Cytactic's Advisory Board With a Mission to Shape the Future of Cyber Resilience

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, has named Andre Cuenin as the company's new Chief Revenue Officer (CRO) effective Tuesday, September 3, 2024. In this role, Cuenin will oversee all aspects of revenue generation efforts for SolarWinds and its world-class observability, database, and service management solutions. Cuenin is a seasoned IT and software sales executive with over 20 years of.

SolarWinds Names Andre Cuenin Chief Revenue Officer

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces it was recognized as a Leader in the 2024 GigaOm® Radar Reports for Network and Cloud Observability. SolarWinds® Observability and SolarWinds Hybrid Cloud Observability, which offer full-stack visibility across on-premises and multi-cloud environments, were each recognized for comprehensive monitoring capabilities, flexible deployment options,.

SolarWinds Named Leader in Network and Cloud Observability in GigaOm Radar Reports

S&P Global

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- SolarWinds Corp. (NYSE: SWI) will replace SunPower Corp. (NASD: SPWR) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, August 9. SunPower has filed for Chapter 11 bankruptcy and is no longer eligible for continued inclusion in the S&P SmallCap 600.

SolarWinds Set to Join S&P SmallCap 600

SolarWinds Corporation (NYSE:SWI ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Tim Karaca - Group Vice President of Finance Sudhakar Ramakrishna - President & Chief Executive Officer Bart Kalsu - Chief Financial Officer Conference Call Participants Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Sanjit Singh - Morgan Stanley Operator Thank you for standing by. My name is Alex and I will be your conference operator today.

SolarWinds Corporation (SWI) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for SolarWinds (SWI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

SolarWinds (SWI) Reports Q2 Earnings: What Key Metrics Have to Say

SolarWinds (SWI) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.21 per share a year ago.

SolarWinds (SWI) Tops 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, 2024. Second Quarter Financial Highlights Total revenue for the second quarter of $193.3 million, representing 4% year-over-year growth, and total recurring revenue representing 93% of total revenue. Net income for the second quarter of $11.1 million. Adjusted EBITDA for the second.

SolarWinds Announces Second Quarter 2024 Results

SolarWinds has launched SolarWinds AI and advanced Database Performance Analyzer capabilities, aiming to automate IT transitions, optimize database performance, and reduce downtime, thereby improving customer satisfaction. In Q1 2024, SolarWinds achieved a 4% increase in revenue to $193.31 million, driven by the shift to subscription models and strong sales of its IT management solutions, despite fluctuations. SolarWinds' market share price has shown volatility over the past year but has been trending positively, reflecting investor confidence in the company's strategic decisions and improved financial performance, positioning it.

SolarWinds: Leveraging AI For Advanced IT Management 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 second quarter of 2024 on Thursday, August 1, 2024. The company also plans to present at an investor conference during the third quarter. SECOND QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the second quarter of 2024 at 7:30 a.m.

SolarWinds to Announce Second Quarter 2024 Financial Results on Thursday, August 1, and Present at Upcoming Investor Conference

A U.S. judge dismissed much of the U.S. Securities and Exchange Commission's lawsuit accusing software company SolarWinds of defrauding investors by hiding security weaknesses before and after a massive cyberattack targeting the U.S. government.

US judge dismisses most of SEC lawsuit against SolarWinds concerning cyberattack

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announces several new recognitions honoring SolarWinds products, solutions, and executives in the first half of 2024. SolarWinds enables customers to manage increasingly complex hybrid and multi-cloud IT environments to accelerate modernization efforts and undertake cloud migration initiatives. In 2024, the company evolved its business to deliver soluti.

SolarWinds Receives Global Recognitions for Powerful IT Management Solutions and Industry Excellence

SolarWinds Corp. is a provider of observability and information technology (IT) infrastructure management software. The process of observability employs software to monitor applications and networks, analyze problems, and resolve issues in an automated, efficient, and timely manner so that businesses can operate with fewer IT-related interruptions.

How SolarWinds Makes Money

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today released the findings from its 2024 IT Trends Report, AI: Friend or Foe? The report, based on a survey of nearly 700 IT professionals about their views on artificial intelligence (AI), found that despite a near-unanimous desire to adopt AI technology, very few respondents have confidence in their organization's readiness to integrate AI, pointing.

New SolarWinds Report: IT Pros Want AI but Fear Shortcomings in Data Quality, Privacy, Security

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the appointment of Lewis Black as its Executive Vice President, Chief Financial Officer, and Treasurer to be effective in August 2024. Black brings over 25 years of experience in the information technology space, having served in financial and operational roles at AT&T, Lucent Technologies, Avaya, and Citrix. He most recently served.

SolarWinds Appoints Lewis Black as Chief Financial Officer

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.

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