SolarWinds Announces First Quarter 2020 Results
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SolarWinds (SWI) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q EPS/Revenue Guidance
April 30, 2020 4:42 PM EDTSolarWinds (NYSE: SWI) reported Q1 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $248.5 million versus the consensus estimate of $240.35 million.
On a non-GAAP basis:
Non-GAAP total revenue for the first quarter of $248.5 million, representing 15.1% year-over-year growth on a reported basis and 15.9% year-over-year growth on a constant currency basis.Non-GAAP total recurring revenue for the first quarter of $211.5 million, representing 18.9% year-over-year growth on a reported basis and 19.8% year-over-year... More