SolarWinds (SWI) Tops Q2 EPS by 23c, Offers Q3 Guidance
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SolarWinds Announces Second Quarter 2021 Results
August 3, 2021 8:00 AM EDTAUSTIN, Texas--(BUSINESS WIRE)-- SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, and secure IT management software, today reported results for its second quarter ended June 30, 2021.
On a GAAP basis:
Total revenue for the second quarter of $262.0 million, representing 6.5% year-over-year growth. Core IT Management total revenue for the second quarter of $176.8 million, representing 2.4% year-over-year growth. N-able total revenue for the second quarter of $85.2 million, representing 16.1% year-over-year growth. Total recurring revenue for the second quarter of $235.3 million, representing 10.8% year-over-year growth. Total recurring revenue... More