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.

CORK, Ireland--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will host its annual Europe, Middle East, and Africa (EMEA) Partner Summit 2024 in person in Lisbon, Portugal, Feb. 19–23. The event is part of a series of SolarWinds Transform Partner Summits the company is hosting across Europe, Asia, and the Americas. The EMEA Partner Summit brings together partners from around the region to networ.

SolarWinds to Host EMEA 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, has named Brian Goldfarb as the company's new Chief Marketing Officer (CMO). In this role, Goldfarb will oversee all aspects of global marketing efforts for SolarWinds and its world-class observability, database, and service management solutions. Goldfarb is a seasoned marketing executive who brings to the SolarWinds team more than 20 years of experienc.

SolarWinds Names Brian Goldfarb Chief Marketing Officer

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 fourth quarter and full year 2023 on Thursday, February 8, 2024. The company also plans to present at two investor conferences during the first quarter. FOURTH QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the fourth quarter and full year 202.

SolarWinds to Announce Fourth Quarter and Full Year 2023 Financial Results on Thursday, February 8, and Present at Upcoming Investor Conferences

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced several new product awards and industry recognitions for its executives and technology solutions. The company was honored by global organizations including CRN®, CSO50®, and the DevOps Dozen awards for its industry leadership on monitoring, observability, and service management solutions that help IT teams take a proactive approach towar.

SolarWinds Receives Global Recognitions for Powerful, Observability, ITSM and Database Solutions

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today released its predictions for the IT trends and themes that will dominate in the year ahead. In 2024, enterprises are likely to further embrace artificial intelligence (AI), machine learning (ML), and automation to meet their efficiency, service delivery, and productivity goals. As digital environments have become more modern and mature with the ad.

SolarWinds Predicts Key Trends and Themes That Will Define Enterprise IT in 2024

The mean of analysts' price targets for SolarWinds (SWI) points to a 27.8% 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 Think SolarWinds (SWI) Could Surge 27.83%: Read This Before Placing a Bet

Does SolarWinds (SWI) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes SolarWinds (SWI) a Strong Momentum Stock: Buy Now?

SolarWinds Corporation has reported its Q3 2023 financial results, beating revenue and earnings estimates. The company offers IT systems management tools and is exploring options, including a possible sale. Revenue growth has been slow, and the company is facing an SEC lawsuit for allegedly misleading investors about a cyberattack.

SolarWinds Looks Fully Valued, But A Sale May Be Under Consideration

The consensus price target hints at a 30.1% upside potential for SolarWinds (SWI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 30.09% Upside in SolarWinds (SWI): Can the Stock Really Move This High?

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announces major enhancements in its Database Observability capability within the cloud-based SolarWinds® Observability platform. SolarWinds Database Observability provides full visibility into open-source, cloud-enabled, and NoSQL databases to identify and address costly and critical threats to their systems and business. Database Observability is.

SolarWinds Bolsters Database Observability for Cloud-Native Platform

SolarWinds Corp (NYSE:SWI ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 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 Patrick Schultz - Baird Sanjit Singh - Morgan Stanley Jacob Staffel - Goldman Sachs Operator Good morning. My name is Jeanie, and I will be your conference operator today.

SolarWinds Corp (SWI) Q3 2023 Earnings Call Transcript

The headline numbers for SolarWinds (SWI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SolarWinds (SWI) Reports Q3 Earnings: What Key Metrics Have to Say

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, 2023. Third Quarter Financial Highlights Total revenue for the third quarter of $189.6 million, representing 6% year-over-year growth, and total recurring revenue representing 92% of total revenue. Net loss for the third quarter of $3.2 million. Adjusted EBITDA for the third qu.

SolarWinds Announces Third Quarter 2023 Results

The SEC charges against SolarWinds and its CISO will have significant ramifications to cybersecurity — and beyond.

Cybersecurity industry responds to SEC charges against SolarWinds and former CISO

Cybersecurity firm SolarWinds committed fraud and failed to maintain adequate internal controls for years, the SEC alleged in a lawsuit.

SEC alleges SolarWinds and key executive misled investors about cybersecurity prior to 'massive' cyberattack

The U.S. Securities and Exchange Commission has charged SolarWinds and its top cybersecurity executive Timothy Brown with fraud and internal control failures for allegedly misleading investors about the company's cybersecurity practices prior to a cyberattack launched by Russian hackers in 2019.

SEC accuses SolarWinds CISO of misleading investors before Russian cyberattack

The Securities and Exchange Commission on Monday charged software company SolarWinds Corp. SWI, -1.59% and its chief information security officer with fraud and the failure to fully disclose weaknesses in the company's cybersecurity protocols. The agency alleged that from at least SolarWinds' October 2018 IPO through its December 2020 announcement that it had been hit by a large cyberattack, the company and its chief information security officer, Timothy Brown, “defrauded investors by overstating SolarWinds' cybersecurity practices and understating or failing to disclose known risks.

SEC charges SolarWinds and company executive with fraud after cybersecurity breach

Washington, D.C.--(Newsfile Corp. - October 30, 2023) - The Securities and Exchange Commission today announced charges against Austin, Texas-based software company SolarWinds Corporation and its chief information security officer, Timothy G.

SEC Charges SolarWinds and Chief Information Security Officer with Fraud, Internal Control Failures

SolarWinds (SWI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

SolarWinds (SWI) Moves 6.4% Higher: Will This Strength Last?

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 third quarter of 2023 on Thursday, November 2, 2023. The company also plans to present at an investor conference during the fourth quarter. THIRD QUARTER EARNINGS CALL SolarWinds will host a conference call to discuss its financial results for the third quarter of 2023 at 7:30 a.m. CT (8:30 a.

SolarWinds to Announce Third Quarter 2023 Financial Results on Thursday, November 2, and Present at Upcoming Investor Conference

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today released a report on the positive impacts of IT Service Management (ITSM) on improving IT outcomes, service delivery, and employee satisfaction. The growing complexity of today's distributed, hybrid, and multi-cloud IT environments is one of the biggest challenges facing enterprises today as they navigate digital transformation efforts. Organizati.

SolarWinds Report: IT Service Management Enhances Productivity, Innovation & IT Outcomes

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, commemorates Cybersecurity Awareness Month by highlighting the software industry's progress toward becoming more Secure By Design. Informed by years of experience from industry-leading cybersecurity experts, the SolarWinds Secure by Design initiative is a gold-plated cybersecurity approach to software build systems and processes that set a new standard.

SolarWinds Commemorates Cybersecurity Awareness Month by Highlighting Software Industry's Secure by Design Progress

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.

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