Solarwinds (NYSE: SWI) reported Q1 EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $95.9 million versus the consensus estimate of $93.74 million.

Solarwinds sees Q2 2014 EPS of $0.35-$0.37, versus the consensus of $0.38. Solarwinds sees Q2 2014 revenue of $96.5-98.5 million, versus the consensus of $98.83 million.

Solarwinds sees FY2014 EPS of $1.60-$1.70, versus the consensus of $1.61. Solarwinds sees FY2014 revenue of $409-421 million, versus the consensus of $415.64 million.

I am pleased to report that we kicked off 2014 with a strong start, including improved levels of performance in important areas of our business, such as the EMEA and Asia-Pacific regions. The investments that we made to better attack our market opportunity around the globe translated into first quarter revenue and profitability that exceeded our outlook and puts us in a good position to deliver against this year's goals," said Kevin Thompson, SolarWinds' President and Chief Executive Officer.

"As we look to the rest of 2014, we believe that the management challenges created by the convergence of emerging technologies, like Cloud-based applications, and existing IT infrastructure investments offer SolarWinds an opportunity to continue to accelerate our revenue growth in 2014 and solidify our position as a leader in the IT management market. We anticipate that these technology shifts will impact both large and small IT organizations and that our product strength, depth of knowledge, and our experience serving the needs of a wide range of IT professionals provides us with the unique opportunity to help IT teams navigate this changing landscape and become the IT management provider of choice," added Thompson.

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