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.

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, has been recognized by CRN®, a brand of The Channel Company, with a prestigious 5-star rating in its 2023 Partner Program Guide.

SolarWinds Earns Prestigious 5-Star Rating in 2023 CRN Partner Program Guide

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds, a leading provider of simple, powerful, secure observability and IT management software, today announced the winners of its 2023 Partner Awards. The awards were issued at SolarWinds Transform Partner Summits held in the EMEA, APJ, and Americas regions. The SolarWinds Partner Awards recognize the achievements of the company's distribution and reseller partner community over the past year.

SolarWinds Announces Winners of 2023 Transform Partner Awards

RESTON, Va.--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, hosted its annual Virtual Public Sector Partner Summit on Wednesday, March 15, 2023. The event took place online and included an exceptional lineup of speakers, the Public Sector Partner Awards ceremony, a learning session on how to make the most of the SolarWinds Transform Partner Program, insight into the SolarWinds 2023 product portfolio, and more.

SolarWinds Hosted Annual Virtual Public Sector Partner Summit

SYDNEY--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, announced today the launch of its first IT service management (ITSM) data center in Australia for SolarWinds® Service Desk customers. The Sydney-based data center will help improve performance and speed while allowing SolarWinds customers to demonstrate compliance with data sovereignty requirements.

SolarWinds Expands Customer Availability With New ITSM Data Center in Australia

CORK, Ireland--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will attend SQLBits in Newport, Wales, from March 14 – 18 as a platinum sponsor. SQLBits is one of the largest data platform conferences, featuring more than 300 sessions over five days covering data technologies, including SQL Server®, Azure®, big data, and machine learning.

SolarWinds Sponsors SQLBits 2023 in Newport, Wales

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, was named among notable AIOps vendors by Forrester in the new report, The Process-Centric AIOps Landscape, Q1 2023. SolarWinds was included in the report in the “large” vendor market size segment, a category which includes companies with over $150 million in product revenue.

SolarWinds Named Among Notable Vendors in New AIOps Landscape Report

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it has expanded the global reach of its full-stack, software as a service (SaaS) SolarWinds® Observability solution with the opening of a new data center in Europe.

SolarWinds Expands Global Reach of World-Class SaaS Observability Solution to Help Customers Accelerate Digital Transformation and Reduce IT Complexity

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will host its annual North American Partner Summit in Austin from February 27 – March 3. The event is part of a series of Partner Summits SolarWinds is hosting across Europe, Asia, and North America to provide information and support for the company's channel partners.

SolarWinds to Host North American Transform Partner Summit, Emphasizing Company's Growing Focus on Channel

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced its executives plan to present at the following investor conferences: JMP Securities Technology Conference on Monday, March 6 in San Francisco at 2:30 p.m. PT / 5:30 p.m. ET Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 8 in San Francisco at 3:55 p.m. PT / 6:55 p.m.

SolarWinds to Present at Upcoming Investor Conferences

SINGAPORE--(BUSINESS WIRE)--SolarWinds (NYSE: SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will host its annual Asia-Pacific and Japan (APJ) Partner Summit 2023 in Bangkok, Thailand, from February 20 – 22. The event is part of a series of Partner Summits SolarWinds is hosting across Europe, Asia, and North America.

SolarWinds to Host APJ Partner Summit Emphasizing Company's Growing Focus on Channel Partners

SolarWinds Corporation (NYSE:SWI ) Q4 2022 Earnings Conference Call February 9, 2023 8:30 AM ET Company Participants Tim Karaca – Group Vice President-Finance Sudhakar Ramakrishna – President and Chief Executive Officer Bart Kalsu – Chief Financial Officer Conference Call Participants Matt Hedberg – RBC Capital Markets Erik Suppiger – JMP Securities Patrick Schulz – Baird Sanjit Singh – Morgan Stanley Connor Passarella – Truist Securities Kash Rangan – Goldman Sachs Operator Good morning, and welcome to the SolarWinds Fourth Quarter 2022 Earnings Call. All participants are in a listen-only mode.

SolarWinds Corporation (SWI) Q4 2022 Earnings Call Transcript

SolarWinds (SWI) delivered earnings and revenue surprises of -9.52% and 3.95%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

SolarWinds (SWI) Lags Q4 Earnings 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, 2022. Fourth Quarter 2022 Financial Highlights Total revenue for the fourth quarter of $187.1 million, representing 0.2% year-over-year growth on a reported basis and 2.

SolarWinds Announces Fourth Quarter and Full Year 2022 Results

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure observability and IT management software, today announced the company's next SolarWinds Day event to celebrate its customers and help businesses reduce IT complexity while overcoming challenges posed by economic headwinds. The SolarWinds Day: Empowering our Community virtual event will provide expert analysis of the state of the enterprise IT industry and demonstrate the company's world-class observability solutions.

SolarWinds Day February 15 Virtual Event to Celebrate Customers and Help Businesses Simplify Rising IT Complexity and Overcome Economic Challenges

CORK, Ireland--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will host its annual Europe, Middle East, and Africa (EMEA) Partner Summit 2023 in person in Barcelona, Spain, February 13 – 17. The event is part of a series of Partner Summits SolarWinds is hosting across Europe, Asia, and North America.

SolarWinds to Host EMEA Transform Partner Summit, Emphasizing Company's Growing Focus on Channel Partners

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will report its financial results for the fourth quarter and full year 2022 on Thursday, February 9, 2023.

SolarWinds to Announce Fourth Quarter and Full Year 2022 Financial Results on Thursday, February 9

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced multiple recent industry awards and recognitions for its world-class observability and monitoring solutions and corporate achievements.

SolarWinds Solutions, Innovations, and Leadership Earn International Industry Accolades

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, has named Tim Karaca its group vice president of strategic finance and investor relations. In this role, Karaca will oversee financial planning and analysis, serve as the primary contact for the investment community, and play a leadership role in guiding data analytics and business intelligence for the company.

SolarWinds Names Tim Karaca Group Vice President of Strategic Finance and Investor Relations

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, is set to showcase SolarWinds® Observability, its new unified, full-stack software as a service (SaaS) offering, as well as the latest version of the company's Hybrid Cloud Observability offering at the upcoming Amazon Web Services® (AWS®) re:Invent® 2022. The conference is scheduled to run from November 28 – December 2 at multiple venues in Las Vegas.

SolarWinds to Address Unlocking the Power of Observability at AWS re:Invent 2022

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced its Chief Information Security Officer (CISO) and Vice President, Security Tim Brown will present at the Black Hat Middle East and Africa Executive Summit at the Riyadh Front Exhibition Centre in Saudi Arabia, November 15-17. Black Hat is an internationally recognized cybersecurity event series offering the most technical and relevant infosec research.

SolarWinds Chief Information Security Officer Tim Brown to Present at Black Hat Middle East and Africa

AUSTIN, Texas--( BUSINESS WIRE )--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it has received a 2022 Tech Cares Award from TrustRadius ®, the most trusted review platform for business technology. SolarWinds was recognized for its commitment to significant corporate social responsibility initiatives and robust diversity, equity, and inclusion programs.

SolarWinds Honored With 2022 Tech Cares Award by TrustRadius

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, and DRYiCE™, a division of HCL Software focused on humanizing enterprise application of AI, today announced its intended expansion of their partnership aimed at revolutionizing IT operations for enterprises.

SolarWinds and HCL Software's DRYiCE™ Expand Partnership to Revolutionize IT Operations

The long hangover from a 2020 state-sponsored cyberattack still isn't over for SolarWinds, as the software giant targeted by Russian government hackers has to pony up $26 million to shareholders and face possible enforcement action from the federal government. In a recent 8-K filing with the U.S.

SolarWinds says it's under SEC investigation over 2020 Russian cyberattack

SolarWinds Corporation (NYSE:SWI ) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Tim Karaca - IR Sudhakar Ramakrishna - President, CEO & Director Barton Kalsu - EVP, CFO & Treasurer Conference Call Participants Connor Passarella - Truist Securities Simran Biswal - RBC Capital Markets Patrick Schulz - Robert W. Baird & Co. Stewart Materne - Evercore ISI Bob Huang - Morgan Stanley Erik Suppiger - JMP Securities Operator Good morning.

SolarWinds Corporation (SWI) Q3 2022 Earnings Call Transcript

The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements on cybersecurity and procedures governing such disclosures, the software firm said on Thursday.

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