Recap: SolarWinds Q2 Earnings

SolarWinds (NYSE:SWI) reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

SolarWinds beat estimated earnings by 5.0%, reporting an EPS of $0.21 versus an estimate of $0.2.

Revenue was down $85.94 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 3.5% drop in the share price the next day.

Here's a look at SolarWinds's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.22	0.26	0.27	0.21
EPS Actual	0.24	0.30	0.37	0.44
Revenue Estimate	174.62M	181.82M	178.57M	256.44M
Revenue Actual	176.87M	186.72M	181.27M	261.97M

To track all earnings releases for SolarWinds visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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