SolarWinds Stock Dives On Revenue Miss, Weak Guidance Weak
SolarWinds (SWI) reported Q2 revenue that missed views and issued current quarter EPS and revenue guidance that fell short of expectations, sending the IT software maker’s stock down. SolarWinds stock tumbled 10.7% to 42 in late trading in the stock market today. That would be the lowest since last October. SolarWinds had closed up 1% to 47.05. Austin, Tex.-based SolarWinds sells software that helps IT departments manage their communications