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 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.

U.S. SEC considering action against SolarWinds over cyber disclosures

SolarWinds (SWI) delivered earnings and revenue surprises of -4.76% and 1.18%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

SolarWinds (SWI) Q3 Earnings and Revenues Miss Estimates

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today reported results for its third quarter ended September 30, 2022.

SolarWinds Announces Third Quarter 2022 Results

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will participate in the Gartner IT Symposium/Xpo™ 2022 conferences and Gartner IT Infrastructure, Operations & Cloud Strategies Conferences held worldwide over the coming months.

SolarWinds to Participate in Gartner IT Symposium/Xpo 2022 and Gartner IT Infrastructure, Operations & Cloud Strategies Conferences Worldwide

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announces the launch of SolarWinds® Observability, a fully-integrated, cloud-native SaaS offering that provides unified and comprehensive visibility for today's modern, distributed, hybrid, and multi-cloud IT environments.

SolarWinds Announces Launch of SolarWinds Observability to Provide Comprehensive Visibility in Hybrid and Multi-Cloud Environments

SolarWinds (SWI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

SolarWinds (SWI) Moves 9.4% Higher: Will This Strength Last?

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful and secure IT management software, today announced its first-ever “SolarWinds Day.” The virtual showcase will be dedicated to the company's vision to provide unified, comprehensive, full-stack observability for today's modern, distributed, hybrid and multi-cloud IT environments. SolarWinds president and CEO Sudhakar Ramakrishna will also share a momentous announcement to significantly transform the way

Observability Takes Center Stage at First-Ever “SolarWinds Day”

DUBAI, United Arab Emirates--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced its participation at GITEX GLOBAL 2022, from 10-14 October, in World Trade Center, Dubai, United Arab Emirates. SolarWinds will exhibit at Booth H7-F30, alongside its value-added distribution Partners in the region – Clever Solutions and Spire Solutions – showcasing its award-winning portfolio of products from Hybrid Cloud Observability

SolarWinds to Showcase Hybrid Cloud Observability Platform at GITEX GLOBAL 2022

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 third quarter of 2022 on Thursday, November 3, 2022. SolarWinds will host a conference call to discuss its financial results for the third quarter of 2022 and its business at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Thursday, November 3, 2022. A live webcast of the call will be available on the SolarWin

SolarWinds to Announce Third Quarter 2022 Financial Results on Thursday, November 3, and Present at SolarWinds Day Virtual Event

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announces the launch of the SolarWinds Transform Partner Program to support and drive growth for the company's valued global channel partners. The new channel program is designed to transform the way SolarWinds partners with industry-leading technology distributors, value-added resellers (VARs), global system integrators (GSIs), managed service providers (MSPs)

SolarWinds Launches New Global Transform Partner Program, Including Support for Managed Service Providers

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, has named Chad Reese its president of Americas sales and global channel. A technology industry veteran with 25 years of experience serving in leadership positions at IBM® and, most recently, VMware®, Reese now leads sales at SolarWinds for the enterprise, mid-market, and SMB markets and the public sector in the Americas and is responsible for the company's global cha

SolarWinds Names Chad Reese President of Americas Sales and Global Channel

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today unveils the results of its new survey examining the state of the technology job market amid industry-wide labor shortages and hiring challenges. Released to coincide with the eighth-annual IT Pro Day holiday, the survey found despite a potential economic downturn, more than two-thirds of tech and IT professionals surveyed said they're completely confident in th

2022 IT Pro Day Survey Examines State of the Tech Job Market Amid Labor Shortages and Hiring Challenges

SolarWinds is a leading IT observability and cybersecurity company. The company generated solid financials for the second quarter, as they beat top-line estimates and is transitioning well to a subscription model.

SolarWinds: Hacked Valuation With Industry Tailwinds

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, announces the recent recognition of its observability offerings by GigaOm® Radar Reports. The company's hybrid and multi-cloud observability solutions, which provide a unified view of today's distributed network environments, were honored for increasing enterprise visibility, intelligence, and productivity. SolarWinds was recognized as a Leader and Outperformer in th

SolarWinds Recognized in GigaOm Radar Reports as a Leader in Network and Cloud Observability

AUSTIN, Texas--(BUSINESS WIRE)--Nominations for the IT Pro Day 2022 Awards are now open online at ITProDay.org. Created by SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, the annual IT Pro Day holiday honors and recognizes the critical but often unseen work IT pros do to keep our computer networks operating. Though computer systems have become necessary for every modern organization to function, the IT teams who ensure email, websites, and appli

IT Pro Day Award Submissions Open Now

RESTON, Va.--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced the launch of SolarWinds® Federal Premium Support, Monalytic Federal Professional Services, and Monalytic Federal Deployment Services – Fixed Scope, offerings designed to meet the unique needs of its public sector customers. Federal government agencies, state and local governments, and education customers using SolarWinds products to optimize and secure

SolarWinds Launches Federal Premium Support and Services for the Public Sector

SolarWinds Corporation (NYSE:SWI ) Q2 2022 Earnings Conference Call August 2, 2022 8:30 AM ET Company Participants Bart Kalsu - Chief Financial Officer Sudhakar Ramakrishna - President and CEO Conference Call Participants Kirk Materne - Evercore ISI Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Rob Oliver - Baird Erik Suppiger - JMP Securities Connor Passarella - Truist Securities Operator Good morning. My name is Chris, and I'll be your conference operator today.

SolarWinds Corporation (SWI) CEO Sudhakar Ramakrishna on Q2 2022 Results - Earnings Call Transcript

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today reported results for its second quarter ended June 30, 2022. Second Quarter Financial Highlights from Continuing Operations Total revenue for the second quarter of $176.0 million, representing a slight decline year-over-year on a reported basis and 2% year-over-year growth on a constant currency basis, and total recurring revenue representing 86% of

SolarWinds Announces Second Quarter 2022 Results

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 second quarter of 2022 on Tuesday, August 2, 2022. SolarWinds will host a conference call to discuss its financial results for the second quarter of 2022 and its business at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT) on Tuesday, August 2, 2022. A live webcast of the call will be available on the SolarWinds I

SolarWinds to Announce Second Quarter 2022 Financial Results on Tuesday, August 2

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced nine of its solutions have been named 2022 Top Rated Products by TrustRadius®, the most trusted customer review platform for B2B technology. SolarWinds earned the coveted distinction based on verified user reviews across 21 categories. “Digital transformation is accelerating at a rapid pace, and as a result, IT complexity is growing at an unprecedente

Nine SolarWinds Solutions Named 2022 Top Rated Products by TrustRadius

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it has received recognition from customers, IT professionals, and industry leaders for its suite of IT operations management products and corporate achievements in the first half of 2022. “We're honored and delighted to be recognized by customers and the wider IT community for our strong industry knowledge and breadth of technology products spanning f

SolarWinds Awarded for Product and Industry Excellence in First Half of 2022

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, unveils its new Next-Generation Build System, a transformational model for software development. The new software build process is a key component of the company's Secure by Design initiative to make SolarWinds a model for enterprise software security. The software development and build process improvements were made in an accelerated timeline over the past year in r

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