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SolarWinds Corporation - SWI STOCK NEWS

Welcome to our dedicated page for SolarWinds Corporation news (Ticker: SWI), a resource for investors and traders seeking the latest updates and insights on SolarWinds Corporation stock.

SolarWinds Corporation (SWI) is a leading provider of powerful and affordable IT management software. The company's products enable organizations of all sizes and complexities to effectively monitor and manage their IT services, infrastructures, and applications, whether on-premises, in the cloud, or using hybrid models.

SolarWinds' comprehensive suite of solutions includes tools for network management, systems management, database management, and application performance monitoring. These products are designed to work out-of-the-box, requiring minimal customization or professional services. This ensures that IT professionals can quickly deploy and leverage these tools to maintain high-performing and highly available IT environments.

The company places a strong emphasis on engaging with technology professionals—such as IT service and operations professionals, DevOps professionals, and managed services providers (MSPs)—to understand their challenges. The insights gained from these interactions, particularly from their active community forum, THWACK®, help SolarWinds stay ahead in solving well-understood IT management issues.

Recently, SolarWinds has focused on expanding its full-stack observability solutions, which provide end-to-end visibility and control over an organization's IT environment. This involves a commitment to excellence in hybrid IT management, ensuring seamless operations across on-premises, cloud, and hybrid infrastructures.

Financially, SolarWinds has maintained a robust position, continually innovating and forming strategic partnerships to enhance its product offerings. Their solutions are used by a wide range of customers, including enterprises, small and medium-sized businesses, and government entities worldwide.

For the latest updates and developments regarding SolarWinds Corporation, stay tuned to our news section, where you can find the most recent information on performance, events, and other significant activities related to the company.

News

SolarWinds Announces Winners of 2024 Transform Partner Awards

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SolarWinds (NYSE: SWI) recognizes outstanding channel partners at the 2024 Transform Partner Awards, honoring financial performance, growth trends, and collaboration. Winners from North America, LATAM, EMEA, and APJ showcased excellence in customer retention, new business development, marketing, and enablement.
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SolarWinds Attends SITS 2024 in London

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SolarWinds (NYSE:SWI) to showcase IT service management solutions at SITS event in London. The company aims to improve IT operations, ticket resolution, and service standards with its easy-to-use ITSM portfolio. SolarWinds Service Desk customers saved 23 hours per week on average and handled 19% more tickets per IT agent.
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SolarWinds Celebrates Twenty-Five Years of Excellence in IT Management and Innovation

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SolarWinds celebrates 25 years of providing IT solutions with a focus on simplifying IT management. The company's solutions aim to help organizations worldwide optimize performance, ensure reliability, and enhance security within hybrid and multi-cloud environments.
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SolarWinds Becomes First Software Provider to Align With New CISA Secure Software Development Guidance

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SolarWinds leads the industry by aligning with OMB, NIST, and SSDF frameworks for secure software development. The company submitted its Secure Software Development self-attestation in line with CISA and OMB requirements, becoming the first to do so. This move supports the DHS strategy to strengthen the software supply chain and enhance cybersecurity practices. SolarWinds' commitment to secure software practices is evident through its alignment with NIST SSDF guidelines and OMB's directive. The company emphasizes transparency and proactive cybersecurity measures to safeguard digital infrastructure.
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SolarWinds to Host Americas Transform Partner Summit, Emphasizing Company’s Commitment to Channel Partners

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SolarWinds (NYSE:SWI) to host Americas Partner Summit 2024 in Miami to discuss observability and IT management solutions. The event aims to introduce new initiatives and programs for shared growth with global partners, including public sector partners.
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SolarWinds Announces Special Cash Dividend

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SolarWinds (SWI) declares a special cash dividend of $1.00 per share, totaling approximately $168 million, based on fiscal year 2023 free cash flow. CFO Bart Kalsu highlights the company's strong business model, customer retention, and growth strategies.
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SolarWinds Sponsors SQLBits 2024, Europe’s Largest Data Platform Conference

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SolarWinds (NYSE:SWI) will be a gold sponsor at SQLBits in Farnborough, England, from March 19 – 23. The event will feature 200 speakers, 300 hours of content, and networking opportunities. SolarWinds will showcase its database performance monitoring and observability solutions to address modern database infrastructure risks.
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SolarWinds to Host APJ Transform Partner Summit, Emphasizing Company’s Commitment to Channel Partners

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SolarWinds announces the APJ Partner Summit 2024 in Bali, Indonesia, focusing on partner program updates, product innovations, and growth acceleration. The event aims to bring together partners from 17 countries in the APJ region to network, strategize, and celebrate shared successes.
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SolarWinds Announces Fourth Quarter and Full Year 2023 Results

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SolarWinds Corporation (NYSE: SWI) reported 6% year-over-year growth in total revenue for the fourth quarter of 2023, with total recurring revenue representing 92% of total revenue. The net loss for the fourth quarter was $0.6 million, while adjusted EBITDA was $87.0 million, representing a margin of 44% of total revenue and 17% year-over-year growth. For the full year 2023, total revenue grew by 5%, with total recurring revenue representing 92% of total revenue. The net loss for the full year was $9.1 million, and adjusted EBITDA was $328.6 million, representing a margin of 43% of total revenue and 17% year-over-year growth. Subscription Annual Recurring Revenue (ARR) grew by 34% year-over-year to $233.2 million, and Total ARR grew by 8% to $684.1 million. The company also announced several business highlights, including product enhancements, industry awards, and refinancing of its first lien term loans.
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SolarWinds Unveils Transformative Enhancements to Observability Solutions

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SolarWinds (NYSE:SWI) announced enhancements to its observability solutions, providing full-stack visibility across on-premises and cloud networks. The AI-powered updates enable organizations to manage hybrid digital estates with ease, offering complete visibility into networks, infrastructure, databases, applications, and security. The company aims to address the monitoring and issue resolution challenges associated with digital transformation efforts, offering a unified, integrated solution for both on-premises and cloud environments.
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FAQ

What is the current stock price of SolarWinds Corporation (SWI)?

The current stock price of SolarWinds Corporation (SWI) is $13.26 as of November 22, 2024.

What is the market cap of SolarWinds Corporation (SWI)?

The market cap of SolarWinds Corporation (SWI) is approximately 2.3B.

What does SolarWinds Corporation specialize in?

SolarWinds specializes in providing IT management software that helps organizations monitor and manage their IT services, infrastructures, and applications.

What types of environments do SolarWinds' products support?

SolarWinds' products support on-premises, cloud, and hybrid IT environments.

Who are SolarWinds' typical customers?

SolarWinds' customers include enterprises, small and medium-sized businesses, and government entities worldwide.

What is the THWACK® community?

The THWACK® community is a forum where technology professionals engage with SolarWinds to share insights and feedback, helping the company solve IT management challenges.

What recent focus areas has SolarWinds been investing in?

SolarWinds has been focusing on expanding its full-stack observability solutions to provide comprehensive visibility and control over IT environments.

How does SolarWinds ensure minimal customization for its products?

SolarWinds designs its products to work out-of-the-box, requiring minimal customization or professional services for deployment.

What are some of the core products offered by SolarWinds?

Core products include tools for network management, systems management, database management, and application performance monitoring.

How does SolarWinds engage with its users?

SolarWinds engages with users through continuous interactions, particularly in its THWACK® community, to understand and address their IT challenges.

What is SolarWinds' commitment in terms of IT management?

SolarWinds is committed to excellence in end-to-end hybrid IT management, ensuring seamless operations across different IT environments.

Where can I find the latest updates about SolarWinds?

The latest updates about SolarWinds can be found in the news section of our website, where we provide information on the company's performance, events, and significant developments.

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SolarWinds Corporation

NYSE:SWI

SWI Rankings

#1907 Ranked by Market Cap
#2147 Ranked by Dividends

SWI Stock Data

2.26B
52.31M
1.82%
98.01%
1.13%
Software - Infrastructure
Services-prepackaged Software
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United States of America
AUSTIN