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April 13, 2021, 5:03 p.m. EDT

SolarWinds stock ticks higher on higher-than-expected revenue outlook

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By Wallace Witkowski

SWI

SolarWinds Corp. /zigman2/quotes/208088323/composite SWI -0.37% shares rose in the extended session Tuesday as the IT management software company said it expects higher-than-expected revenue for its first quarter. SolarWinds shares rose 2% after hours, following a 2.1% gain to close the regular session at $18.05. The company expects preliminary first-quarter revenue of $255.8 million to $256.8 million. Analysts surveyed by FactSet, on average, estimate revenue of $249.7 million.

/zigman2/quotes/208088323/composite
US : U.S.: NYSE
$ 16.05
-0.06 -0.37%
Volume: 139,084
May 13, 2021 11:19a
P/E Ratio
34.12
Dividend Yield
N/A
Market Cap
$5.09 billion
Rev. per Employee
$305,162
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