Loading...
•
Dec 31, 2019
SolarWinds Q4 2019 Earnings Report
Announced fourth quarter 2019 results, demonstrating solid year-over-year growth in non-GAAP revenue and recurring revenue.
Key Takeaways
SolarWinds Corporation reported a 11.9% increase in total revenue for Q4 2019, reaching $247.5 million. The company's non-GAAP revenue for the quarter was $249.4 million, a 12.5% increase year-over-year. Net income for the fourth quarter was $13.2 million.
Total revenue for the fourth quarter of $247.5 million, representing 11.9% growth on a reported basis.
Non-GAAP total revenue for the fourth quarter of $249.4 million, representing 12.5% year-over-year growth on a reported basis and 13.3% year-over-year growth on a constant currency basis.
Non-GAAP subscription revenue for the fourth quarter of $89.2 million, representing 28.1% growth on a reported basis.
Adjusted EBITDA for the fourth quarter of $122.9 million, representing a margin of 49.3% of non-GAAP total revenue.
Revenue by Segment
Forward Guidance
SolarWinds provided financial outlook for Q1 2020 and full year 2020, including non-GAAP revenue, adjusted EBITDA, and non-GAAP diluted earnings per share.
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...