SolarWinds Q4 Adj EPS $0.24 Beats $0.21 Estimate, Sales $198.14M Beat $190.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
SolarWinds (NYSE:SWI) reported Q4 adjusted EPS of $0.24, surpassing the $0.21 estimate, and sales of $198.14M, exceeding the $190.43M estimate. This represents a 26.32% increase in earnings and a 5.92% increase in sales over the same period last year.
February 08, 2024 | 12:32 pm
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SolarWinds reported a strong Q4 with adjusted EPS of $0.24 and sales of $198.14M, beating estimates and showing significant year-over-year growth.
Beating both earnings and sales estimates indicates strong operational performance and could lead to positive investor sentiment, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100