SolarWinds Announces First Quarter 2021 Results

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SolarWinds (SWI) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus, 2Q EPS Views Below Consensus

April 29, 2021 5:17 PM EDT

SolarWinds (NYSE: SWI) reported Q1 EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $257 million versus the consensus estimate of $252.72 million.

Our first quarter results, which exceeded the high end of our previously provided outlook with respect to both non-GAAP total revenue and adjusted EBITDA, are a testament to our teams focus and commitment, said Sudhakar Ramakrishna,... More