SolarWinds (NYSE:SWI – Get Free Report) is set to issue its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
SolarWinds (NYSE:SWI – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The software maker reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. The company had revenue of $193.30 million for the quarter, compared to analysts’ expectations of $188.67 million. SolarWinds had a return on equity of 7.14% and a net margin of 2.96%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 earnings per share. On average, analysts expect SolarWinds to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
SolarWinds Stock Down 2.0 %
Shares of NYSE SWI opened at $12.50 on Thursday. SolarWinds has a 1 year low of $8.83 and a 1 year high of $13.45. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market cap of $2.10 billion, a PE ratio of 178.57 and a beta of 0.97. The company has a 50 day simple moving average of $12.73 and a 200 day simple moving average of $12.05.
Analysts Set New Price Targets
Read Our Latest Stock Report on SolarWinds
SolarWinds Company Profile
SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.
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