Loading...
•
Dec 31, 2020
SolarWinds Q4 2020 Earnings Report
Reported results for the fourth quarter ended December 31, 2020.
Key Takeaways
SolarWinds reported a strong finish to 2020, delivering fourth quarter non-GAAP total revenue of $265.5 million, reflecting 6% year-over-year growth.
Total revenue for the fourth quarter was $265.3 million, representing 7.2% growth.
Total recurring revenue for the fourth quarter was $230.8 million, representing 13.7% growth.
Net income for the fourth quarter was $132.7 million.
SolarWinds acquired SentryOne® in early Q4 2020, extending the scale and depth of their Database Performance Management capabilities for Microsoft® Data Platform.
Revenue by Segment
Forward Guidance
SolarWinds’ management currently expects to achieve the following results for the first quarter of 2021:
Positive Outlook
- Non-GAAP total revenue in the range of $247 to $252 million, representing growth over the first quarter of 2020 non-GAAP total revenue of (1)% to 1%.
- Adjusted EBITDA in the range of $98 to $101 million, representing approximately 40% of non-GAAP total revenue.
- Non-GAAP diluted earnings per share of $0.19 to $0.20.
- Weighted average outstanding diluted shares of approximately 318 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...