SolarWinds Corp reports results for the quarter ended in December - Earnings Summary

SolarWinds

17/02/2022 14:31

* SolarWinds Corp  SWI.N  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 26 cents per share.
    * Revenue fell 29.7% to $186.72 million from a year ago; 
analysts
expected $181.82 million. 
    * SolarWinds Corp's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * SolarWinds Corp shares had fallen by 5.2% this quarter.
    * The company reported a quarterly loss of $21.89 million.
    * Wall Street's median 12-month price target for SolarWinds
Corp
is $18.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 17 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated