Welcome to our dedicated page for SolarWinds Corporation news (Ticker: $SWI), a resource for investors and traders seeking the latest updates and insights on SolarWinds Corporation stock.
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SolarWinds (NYSE:SWI) reported first quarter 2024 results with total revenue of $193.3 million, 4% year-over-year growth, net income of $15.6 million, and adjusted EBITDA of $92.1 million with a margin of 48%. The company showcased strong financial performance with Subscription ARR of $251.3 million and Total ARR of $695.3 million, both showing significant year-over-year growth.
SolarWinds announced enhancements to Plan Explorer, a tool for analyzing query performance in Microsoft SQL Server environments. The free product helps database professionals improve database performance and technical efficiency. Plan Explorer provides insights through graphically displaying query execution plans, index scoring, live query profiles, and more. It is natively built into SolarWinds SQL Sentry, offering comprehensive monitoring and diagnostics for effective SQL Server performance management.
