The headline numbers for SolarWinds (SWI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
SolarWinds (SWI) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.24 per share a year ago.
SolarWinds (SWI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Besides Wall Street's top -and-bottom-line estimates for SolarWinds (SWI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
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.
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.
SolarWinds (SWI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
I recommend a buy rating for SolarWinds Corporation due to improved macroeconomic conditions and solid company-level progress over the past year. The macroenvironment has stabilized with reduced inflation and interest rate cuts, creating a favorable demand landscape for SWI. SWI's successful migration to a subscription-based model and consolidation strategy has led to larger deal sizes and accelerated ARR growth.
SolarWinds (SWI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
SolarWinds Corporation (NYSE:SWI ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Tim Karaca - Vice President, Finance Sudhakar Ramakrishna - President and CEO Lewis Black - Chief Financial Officer Conference Call Participants Rob Oliver - Baird Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Patrick Colville - Scotiabank Operator Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today.
While the top- and bottom-line numbers for SolarWinds (SWI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
SolarWinds (SWI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.23 per share a year ago.