SolarWinds Announces Fourth Quarter and Full Year 2022 Results
SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2022.
- SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2022.
- Adjusted EBITDA for the fourth quarter of $74.5 million, representing a margin of 40% of total revenue.
- TrustRadius® awarded SolarWinds a 2022 Tech Cares Award for its commitment to significant corporate social responsibility initiatives and robust diversity, equity, and inclusion programs.
- SolarWinds’ management currently expects to achieve the following results for the first quarter of 2023:
Total revenue in the range of $177 to $182 million, representing growth at the midpoint of approximately 1% as compared to the first quarter of 2022 total revenue.