SolarWinds Corp logo

SWI

SolarWinds Corp

$10.37

Earnings Summary

Revenue
$176.03Mn
Net Profits
$-622.12Mn
Net Profit Margins
-353.41%

Highlights

Revenue:

SolarWinds Corp’s revenue fell -32.8% since last year same period to $176.03Mn in the Q2 2022. On a quarterly growth basis, SolarWinds Corp has generated -0.47% fall in its revenue since last 3-months.

Net Profits:

SolarWinds Corp’s net profit fell -5252.06% since last year same period to $-622.12Mn in the Q2 2022. On a quarterly growth basis, SolarWinds Corp has generated -13253.17% fall in its net profits since last 3-months.

Net Profit Margins:

SolarWinds Corp’s net profit margin fell -7864.95% since last year same period to -353.41% in the Q2 2022. On a quarterly growth basis, SolarWinds Corp has generated -13316.43% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the SolarWinds Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.2
EPS Estimate Current Year
0.2

Highlights

EPS Estimate Current Quarter:

SolarWinds Corp’s earning per share (EPS) estimates for the current quarter stand at 0.2 - a -9.09% fall from last quarter’s estimates.

EPS Estimate Current Year:

SolarWinds Corp’s earning per share (EPS) estimates for the current year stand at 0.2.

Key Ratios

Key ratios of the SolarWinds Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.21
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.02
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

SolarWinds Corp’s earning per share (EPS) fell -52.27% since last year same period to 0.21 in the Q2 2022. This indicates that the SolarWinds Corp has generated -52.27% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. SolarWinds Corp’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. SolarWinds Corp’s return on equity (ROE) stands at -0.02.

Dividend Per Share (DPS):

SolarWinds Corp declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.2
0.21
5%
2022-05-06
0.22
0.24
9.09%

Company Information

SolarWinds is a leading provider of powerful and affordable IT management software. Its products give organizations worldwide-regardless of type, size, or complexity-the power to monitor and manage their IT services, infrastructures, and applications; whether on-premises, in the cloud, or via hybrid models. The company continuously engages with technology professionals-IT service and operations professionals, DevOps professionals, and managed services providers (MSPs)-to understand the challenges they face in maintaining high-performing and highly available IT infrastructures and applications. The insights the company gains from them, in places like its THWACK® community, allow SolarWinds to solve well-understood IT management challenges in the ways technology professionals want them solved. Its focus on the user and commitment to excellence in end-to-end hybrid IT management has established SolarWinds as a worldwide leader in solutions for network and IT service management, application performance, and managed services. Targeted for MSPs, the SolarWinds MSP product portfolio delivers broad, scalable IT service management solutions that integrate layered security, collective intelligence, and smart automation. Its products are designed to enable MSPs to provide highly-effective outsourced IT services for their SMB end-customers and more efficiently manage their own businesses.

Organisation
SolarWinds Corp
Employees
3.34K
Industry
Technology Services