Solarwinds, Inc. (SWI) Tops Q1 EPS by 1c; Guides In-Line

Solarwinds, Inc. (NYSE: SWI) reported Q1 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $116.8 million versus the consensus estimate of $117.5 million.

Solarwinds, Inc. sees Q2 2015 EPS of $0.45-$0.47, versus the consensus of $0.47. Solarwinds, Inc. sees Q2 2015 revenue of $120.6-123.8 million, versus the consensus of $124.32 million.

Solarwinds, Inc. sees FY2015 EPS of $1.92-$2.04, versus the consensus of $2.00. Solarwinds, Inc. sees FY2015 revenue of $512-527 million, versus the consensus of $521.3 million.

"The first quarter was a solid start to 2015. We drove strong growth in our core network and systems management products, and in our MSP business, which contributed to healthy overall new business sales growth. We also continued to execute on our goal of becoming the IT management vendor of choice for addressing the complex, connected set of performance problems in today's increasingly hybrid IT infrastructures by acquiring a Cloud-based log management company. We are excited about the numerous opportunities for growth that we believe lie ahead of us," said Kevin Thompson, SolarWinds' President and Chief Executive Officer.

For earnings history and earnings-related data on Solarwinds, Inc. (SWI) click here.

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