SolarWinds (NYSE: SWI) reported Q2 EPS of $0.44, $0.23 better than the analyst estimate of $0.21. Revenue for the quarter came in at $262 million versus the consensus estimate of $256.44 million.

GUIDANCE:

SolarWinds sees Q3 2021 EPS of $0.27, versus the consensus of $0.23. SolarWinds sees Q3 2021 revenue of $176-180 million, versus the consensus of $267.2 million.

• Non-GAAP total revenue in the range of $176.0 to $180.0 million, representing decline over the third quarter of 2020 non-GAAP total revenue of (5)% to (3)%.
• Adjusted EBITDA in the range of $70.5 to $72.0 million, representing approximately 40% of non-GAAP total revenue.
• Non-GAAP diluted earnings per share of approximately $0.27.
• Weighted average outstanding diluted shares of approximately 160.2 million.

For earnings history and earnings-related data on SolarWinds (SWI) click here.