SolarWinds Q2 Revenue Outlook Light; Stock Falls

By | April 30, 2014

Scalper1 News

SolarWinds (SWI) stock fell Wednesday after the company’s Q2 revenue guidance missed Wall Street expectations, though Q1 earnings topped views. SolarWinds stock was down more than 7% in midday trading in the stock market today, near 39, earlier touching a four-month low. Austin, Texas-based SolarWinds late Tuesday said it earned 41 cents per share in Q1, including a 2-cent tax benefit, even with the year-earlier quarter. Revenue rose 32% to $95.9 Scalper1 News

Scalper1 News