SolarWinds Corp Expects FY24 Revenue Of $778M-$788M Vs $779.31M Est, Adj EPS Of $1.04-$1.08 Vs $1.03 Est
Portfolio Pulse from Benzinga Newsdesk
SolarWinds Corp has provided its financial outlook for the full year of 2024, expecting revenue between $778M and $788M, adjusted EBITDA between $368M and $375M, and non-GAAP diluted EPS between $1.04 and $1.08.

August 01, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SolarWinds Corp has provided its financial outlook for FY24, expecting revenue between $778M and $788M, adjusted EBITDA between $368M and $375M, and non-GAAP diluted EPS between $1.04 and $1.08.
The financial outlook provided by SolarWinds Corp for FY24 shows expected growth in revenue and adjusted EBITDA, along with a slight increase in non-GAAP EPS compared to estimates. This positive outlook is likely to have a favorable short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100