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- SOLARWINDS NETWORK PERFORMANCE MONITOR PRICE PRO
- SOLARWINDS NETWORK PERFORMANCE MONITOR PRICE SOFTWARE
SolarWinds completed the previously announced separation and distribution of its managed service provider (“N-able”) business into a newly created and separately traded public company, N-able, Inc. Information about SolarWinds’ use of non-GAAP financial measures is provided below under “Non-GAAP Financial Measures.” Financial results will not be final until SolarWinds files its quarterly report on Form 10-Q for the period. The financial results included in this press release are preliminary and pending final review by the company and its external auditors.
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In addition, we determined the estimated fair value of the SolarWinds trade name, recorded in connection with the take private transaction in early 2016 (“Take Private”), was less than its carrying value and recorded a $9.4 million non-cash impairment charge which is included in general and administrative expense in our consolidated statements of operations for the quarter ended June 30, 2022. As a result of the interim goodwill impairment analysis, a $612.4 million non-cash goodwill impairment charge was recognized for the quarter ended June 30, 2022. TrustRadius ®, a customer review platform for B2B technology, recognized nine SolarWinds solutions as 2022 Top Rated Products based on verified user reviews across 21 categories.īeginning with the first quarter of 2022, we no longer adjust our revenue for the impact of purchase accounting, so GAAP total revenue on a reported basis is equivalent to our non-GAAP total revenue measure we have historically reported.Īt June 30, 2022, total cash and cash equivalents and short-term investments were $778.2 million and total debt was $1.9 billion.Īs of June 30, 2022, in light of the sustained decline in the total market value of SolarWinds’ outstanding shares of common stock and the impact of current macroeconomic conditions on our projected operating results, we determined it appropriate to perform an interim quantitative assessment of our reporting unit.The 2022 GigaOm ® Network Observability Radar Report rated SolarWinds ® Hybrid Cloud Observability as an Outperforming Leader for network observability, delivering comprehensive, integrated, and full-stack observability, as well as integrating data from across the IT ecosystem, encompassing network, servers, applications and databases.
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SOLARWINDS NETWORK PERFORMANCE MONITOR PRICE SOFTWARE
SOLARWINDS NETWORK PERFORMANCE MONITOR PRICE PRO
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Throughput booster on or off.SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today reported results for its second quarter ended June 30, 2022.