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SolarWinds Corp [SWI]  posts $929.41M profit as revenue rises 0.10% to $719.37M

SolarWinds Corp [SWI] posts $929.41M profit as revenue rises 0.10% to $719.37M

By USInMinutes
Published - Feb 23, 2023, 02:56 AM ET
Last Updated - Mar 06, 2023, 02:43 PM EST
 Net Sales: $719.37M  
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SolarWinds Corp [SWI] posted a profit of $929.41M, marking a rise of 1541.62% for this year.

Revenue rose to $719.37M this year compared to $718.63M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $929.41M, up 1541.62% from $-64.47M.

The company’s net sales for the period were $719.37M, up 0.10%. Net sales in the previous year were $718.63M.

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