SolarWinds (SWI) Tops Q4 EPS by 1c
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SolarWinds Announces Fourth Quarter 2020 Results
February 25, 2021 8:00 AM ESTAUSTIN, Texas--(BUSINESS WIRE)-- SolarWinds Corporation (NYSE: SWI), a leading provider of powerful and affordable IT management software, today reported results for its fourth quarter ended December 31, 2020.
On a GAAP basis:
Total revenue for the fourth quarter of $265.3 million, representing 7.2% growth on a reported basis. Total recurring revenue for the fourth quarter of $230.8 million, representing 13.7% growth on a reported basis. Total recurring revenue includes: Maintenance revenue for the fourth quarter of $124.3 million, representing 7.5% growth on a reported basis. Subscription revenue for the... More