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SolarWinds Corp Expects FY24 Revenue Of $778M-$788M Vs $779.31M Est, Adj EPS Of $1.04-$1.08 Vs $1.03 Est

Author: Benzinga Newsdesk | August 01, 2024 08:06am

Financial Outlook for Full Year of 2024

SolarWinds' management currently expects to achieve the following results for the full year of 2024:

Total revenue in the range of $778 to $788 million, representing growth of approximately 3% over the full year of 2023 total revenue at the midpoint of the range.
Adjusted EBITDA of approximately $368 to $375 million, representing growth of approximately 13% over the full year of 2023 adjusted EBITDA at the midpoint of the range.
Non-GAAP diluted earnings per share of $1.04 to $1.08.
Weighted average outstanding diluted shares of approximately 173.8 million.

Posted In: SWI