SolarWinds Q1 2024 Adj EPS $0.29 Beats $0.22 Estimate, Sales $193.300M Beat $190.840M Estimate
Portfolio Pulse from Benzinga Newsdesk
SolarWinds (NYSE:SWI) reported Q1 2024 adjusted EPS of $0.29, surpassing the $0.22 estimate, with sales of $193.3M also beating the $190.84M estimate, marking a 3.94% increase from the previous year.

May 02, 2024 | 12:01 pm
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SolarWinds reported a strong Q1 2024 with EPS and sales beating estimates, indicating robust financial health and potential for growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, suggests strong operational performance and market confidence, likely leading to a positive short-term impact on SWI's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100