SolarWinds Announces Fourth Quarter 2019 Results
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SolarWinds (SWI) Tops Q4 EPS by 2c, Revenues Miss; Offers Q1 & FY20 EPS/Revenue Outlook
February 4, 2020 4:27 PM ESTSolarWinds (NYSE: SWI) reported Q4 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $249.4 million versus the consensus estimate of $251.7 million.
On a non-GAAP basis:
Non-GAAP total revenue for the fourth quarter of $249.4 million, representing 12.5% year-over-year growth on a reported basis and 13.3% year-over-year growth on a constant currency basis.Non-GAAP total recurring revenue for the fourth quarter of $204.8 million, representing 16.8% year-over-year growth on a reported basis and 17.6% year-over-year growth on a constant currency basis. Non-GAAP total recurring revenue includes:Non-GAAP maintenance revenue for the... More