SolarWinds SWI reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
SolarWinds beat estimated earnings by 5.0%, reporting an EPS of $0.21 versus an estimate of $0.2.
Revenue was down $85.94 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.5% drop in the share price the next day.
Here's a look at SolarWinds's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.22 | 0.26 | 0.27 | 0.21 |
EPS Actual | 0.24 | 0.30 | 0.37 | 0.44 |
Revenue Estimate | 174.62M | 181.82M | 178.57M | 256.44M |
Revenue Actual | 176.87M | 186.72M | 181.27M | 261.97M |
To track all earnings releases for SolarWinds visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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