SolarWinds: Q4 Earnings Snapshot
By AP News
Published - Feb 09, 2023, 08:24 AM ET
Last Updated - Jun 22, 2023, 10:25 PM EDT
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — SolarWinds Corp. (SWI) on Thursday reported a loss of $10.4 million in its fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 6 cents. Earnings, adjusted for amortization costs and stock option expense, came to 19 cents per share.
The provider of information-technology management software posted revenue of $187.1 million in the period.
For the year, the company reported a loss of $929.4 million, or $5.78 per share. Revenue was reported as $719.4 million.
