SWI Stock Recent News

MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating SolarWinds (NYSE: SWI) for possible breaches of fiduciary duty and other violations of law in its transaction with Turn/River Capital. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, SolarWinds stockholders will receive only $18.50 per share or approximately $4.4 billi.

SolarWinds said on Friday it has entered into a deal with private equity firm Turn/River Capital to take the IT management software firm private for an enterprise value of approximately $4.4 billion.

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI) (“SolarWinds” or the “Company”), a leading provider of simple, powerful, secure observability and IT management software, today announced that it has entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction for $18.50 per share or approximately $4.4 billion. The per-share price represents a premium of approximately 35% to the volume-weighted average closing price of SolarWinds stock for.

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, unveils the next phase of enhancements to the SolarWinds Partner Program. These updates focus on three key areas: increasing partner profitability, partner capabilities, and providing partners with the tools needed to elevate together. At SolarWinds, we are dedicated to creating lasting value for partners through collaboration, shared growth, and a unif.

SolarWinds (SWI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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 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.

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) 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.

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.