Welcome to our dedicated page for Solarwinds news (Ticker: SWI), a resource for investors and traders seeking the latest updates and insights on Solarwinds stock.
SolarWinds Corporation (SWI) delivers essential IT management solutions for modern hybrid infrastructures. This news hub provides investors and technology professionals with verified updates about the company's strategic direction, product innovations, and market position.
Access official press releases covering network monitoring advancements, observability platform updates, and cybersecurity initiatives. Our curated collection includes earnings disclosures, leadership changes, and partnership announcements that impact SolarWinds' role in the $40B+ IT operations management sector.
Key updates feature developments from SolarWinds' Hybrid Cloud Observability platform and insights from their THWACK user community. Monitor critical information about service expansions, compliance certifications, and technology integrations that support enterprise IT teams worldwide.
Bookmark this page for streamlined access to SolarWinds' corporate communications. Check regularly for updates reflecting the company's mission to simplify complex IT environment management through accessible software solutions.
SolarWinds (NYSE: SWI) has filed a Form 10 registration statement with the SEC for the spin-off of its MSP business into a new company named N-able, Inc. The filing provides preliminary information about N-able’s business and financials. While SolarWinds plans to complete the spin-off by Q2 2021, completion is subject to board approval and other conditions, with no guarantee of finalization. The registration statement is available on the SEC's website and will be updated as more details are finalized.
SolarWinds (NYSE:SWI) announced its participation in the Cisco Live! digital event from March 30 to April 1, 2021. The company will showcase three key IT monitoring tools: NetPath, PerfStack, and Orion Maps. These tools are vital for monitoring technologies adopted during the COVID-19 pandemic, helping IT professionals optimize performance across infrastructures and applications. Brandon Shopp, SolarWinds VP, emphasized the importance of effective monitoring amid rapid changes in IT operations. The event includes a session titled "Conquering the Next Normal," focusing on best practices for monitoring.
SolarWinds (NYSE:SWI) has appointed Kevin Bury as the chief customer officer for its MSP division. This strategic move aims to enhance partner success and support as the organization expands its reach in the IT management sector. Bury's extensive experience will help drive initiatives such as the MSP Institute and improve onboarding experiences for partners. The announcement also follows SolarWinds' plans to create a new public entity dedicated to the MSP marketplace, highlighting its commitment to partner success.
SolarWinds (NYSE:SWI) has launched the APM Integrated Experience, consolidating its APM solutions—AppOptics, Loggly, and Pingdom—into a single interface. This update aims to streamline application performance monitoring, enhancing the ease of troubleshooting for IT professionals. The new features include dashboards for metrics and logs, real-time monitoring, and advanced searching capabilities. As organizations increasingly rely on hybrid IT, the integrated experience addresses the growing need for effective application performance management.
SolarWinds Corporation (NYSE: SWI) reported a strong fourth-quarter performance for 2020, with total revenue of $265.3 million, reflecting a 7.2% growth year-over-year. Recurring revenue reached $230.8 million (up 13.7%), with subscription revenue showing a notable 22.0% increase. The company achieved a net income of $132.7 million and a notable 47.9% adjusted EBITDA margin. SolarWinds is also moving forward with a potential spin-off of its MSP business, having submitted a Form-10 registration with the SEC. Cash balances are at $370.5 million, against total debt of $1.9 billion.
SolarWinds (NYSE:SWI) announced its participation in Microsoft Ignite 2021, taking place from March 2-4, where it will showcase its enhanced database performance management solutions. The company highlighted its commitment to address the needs of various database managers and features experts Thomas LaRock and Kevin Kline who will present best practices for database migration. Attendees can engage with SolarWinds at their virtual booth, where they will demonstrate a wide range of database management tools and solutions.
SolarWinds (NYSE: SWI) will host its earnings conference call on February 25, 2021, at 7:30 a.m. CT to discuss its Q4 and full-year 2020 financial results. The earnings release will be available at 7:00 a.m. CT the same day. Investors can access the live call via dial-in and web. SolarWinds leverages insights from technology professionals to enhance its IT management software offerings, focusing on providing effective monitoring and management solutions across various infrastructures.
SolarWinds (NYSE:SWI) has welcomed Kevin Kline to its Head Geek team, enhancing its proficiency in database and Microsoft data platforms. Kline, a veteran with over 30 years in the industry, is a 13-time Microsoft MVP and brings substantial expertise from his time at SentryOne, which SolarWinds acquired in October 2020. His leadership in the SQL Server community and public speaking engagements underscore his commitment to educating IT professionals. This addition aligns with SolarWinds' mission to provide valuable insights to their community and enhance customer support.
SolarWinds (NYSE: SWI) will release its fourth quarter and full year 2020 financial results on February 25, 2021, at approximately 3:15 p.m. CT. A conference call discussing these results is scheduled for the same day at 4:00 p.m. CT. Investors can access the live webcast on the SolarWinds Investor Relations website. The company aims to provide insights into their IT management software's performance and growth potential, continuing to engage with technology professionals to enhance their product offerings.
SolarWinds (NYSE:SWI) has announced critical updates to its Orion Platform products addressing vulnerabilities related to the SUPERNOVA malware. After investigating reports of this malware, SolarWinds proactive measures included two hotfix updates on December 14 and 15, enhancing security and preventing exploitations. Customers are urged to apply latest updates and can access a protective script for older versions. Additionally, the company will offer professional consulting resources at no charge to assist maintenance customers with updates. This commitment aims to safeguard customer environments.
