Solarwinds, Inc. (SWI) Tops Q1 EPS by 1c; Guides In-Line
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SolarWinds Announces First Quarter 2015 Results
April 28, 2015 4:02 PM EDTAUSTIN, TX -- (Marketwired) -- 04/28/15 -- SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today reported results for its first quarter ended March 31, 2015.
Total revenue for the first quarter of $116.8 million, representing 22% year-over-year growth on a reported basis and 27% year-over-year growth on a constant currency basis. Combined maintenance and subscription revenue for the first quarter of $74.4 million, representing 25% year-over-year growth in recurring revenue on a reported basis and 31% on a constant currency basis. License revenue for the first quarter of $42.4 million, representing 17% year-over-year... More