Loading...
•
Sep 30, 2021
SolarWinds Q3 2021 Earnings Report
Reported results for the third quarter ended September 30, 2021.
Key Takeaways
SolarWinds reported a total revenue of $181.3 million for the third quarter, representing a 1.9% year-over-year decline. Net income for the third quarter was $1.1 million.
Total revenue for the third quarter was $181.3 million, a 1.9% year-over-year decline.
Recurring revenue represented 83.9% of total revenue.
Net income for the third quarter was $1.1 million.
Adjusted EBITDA for the third quarter was $75.3 million, representing a margin of 41.5% of total revenue.
Revenue by Segment
Forward Guidance
SolarWinds provided its financial outlook for the fourth quarter of 2021 and full year 2021.
Positive Outlook
- Total revenue in the range of $180.0 to $184.0 million, representing a decline over the fourth quarter of 2020 total revenue from continuing operations of (3)% to (1)%.
- Adjusted EBITDA in the range of $72.0 to $74.0 million, representing approximately 40% of total revenue.
- Non-GAAP diluted earnings per share of $0.25 to $0.26.
- Weighted average outstanding diluted shares of approximately 160.7 million.
- Total revenue in the range of $712.0 to $716.0 million, representing a decline over the full year of 2020 total revenue from continuing operations of (1)% to 0%.
- Adjusted EBITDA in the range of $296.9 to $298.9 million, representing approximately 42% of total revenue.
- Non-GAAP diluted earnings per share of $1.14 to $1.15.
- Weighted average outstanding diluted shares of approximately 160.5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...