Welcome to our dedicated page for Solarwinds news (Ticker: SWI), a resource for investors and traders seeking the latest updates and insights on Solarwinds stock.
SolarWinds Corporation (NYSE: SWI) appears frequently in technology and capital markets news because it focuses on observability, IT management, and hybrid IT operational resilience. Company announcements highlight product enhancements across observability, incident response, service management, database observability, and AI-powered automation, as well as corporate developments such as its definitive agreement to be acquired by Turn/River Capital.
News about SolarWinds often covers portfolio updates, including new capabilities in SolarWinds Observability Self-Hosted and SolarWinds Observability SaaS, AI-driven features like Log Insights, Root Cause Assist, and AI Query Assist, and integrations of incident response capabilities following the agreement to acquire Squadcast. These stories describe how the company aims to address challenges such as alert overload, fragmented data, and complex incident resolution in hybrid and multi-cloud environments.
Another recurring theme in SWI news is sector-specific and public sector focus. SolarWinds has reported certifications and approvals for SolarWinds Observability Self-Hosted for Federal Government v2024.2, including Common Criteria EAL 2+, FIPS 140-2, and inclusion on the DoDIN APL for use on U.S. Department of Defense networks. The company also publishes research such as its Next-Gen Government IT: AI and Observability Insights Report, which examines digital transformation, security threats, and AI adoption in U.S. and U.K. public sector IT.
Investors and IT professionals following SWI news will also see partner program updates, financial results, and index changes. SolarWinds has announced enhancements to its Partner Program, reported quarterly and annual financial results, and disclosed that S&P Dow Jones Indices plans to remove SolarWinds from the S&P SmallCap 600 index in connection with the pending Turn/River Capital acquisition. Bookmark this page to track ongoing announcements on products, research, government certifications, partner initiatives, and transaction-related developments affecting SolarWinds and the SWI stock listing.
SolarWinds (NYSE: SWI) will report its financial results for Q2 2021 on August 3, 2021. A conference call will take place at 7:30 a.m. CT to discuss these results. The earnings release is scheduled for 7:00 a.m. CT on the same day. SolarWinds focuses on IT management software, serving a global client base across various organizational types and sizes. Their solutions help monitor and manage IT services and applications, whether on-premises or in the cloud.
SolarWinds Corporation (NYSE:SWI) and N-able, Inc. (NYSE:NABL) announced preliminary financial results for Q2 2021. SolarWinds expects total revenue between $260.8 million to $262.0 million, reflecting a 6% year-over-year growth and a net loss of $10.4 million to $11.3 million. Core IT Management revenue is projected to be $176.0 million to $177.0 million, marking a 2% increase. N-able anticipates revenue in the range of $84.8 million to $85.0 million, representing 16% year-over-year growth.
SolarWinds Corporation (NYSE:SWI) and N-able, Inc. (NYSE:NABL) announced a private placement financing transaction, where N-able will raise approximately $225 million by issuing 20,623,282 shares at $10.91 per share. The placement, led by Canada Pension Plan Investment Board, is scheduled to close on July 19, 2021. Net proceeds, estimated at $216 million, will be distributed to SolarWinds and are intended to either benefit stockholders or reduce existing debt. Notably, this transaction is exempt from registration under the Securities Act.
SolarWinds (NYSE:SWI) is a key sponsor of the upcoming Service Management World virtual conference on July 21-22, 2021. The event will feature technical sessions by SolarWinds Head Geek, Chrystal Taylor, focusing on IT service management (ITSM) strategies. Key topics include monitoring, automation, and meaningful metrics for service management. SolarWinds will showcase its ITSM solutions, designed to streamline workflows and improve employee resource access.
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SolarWinds (NYSE: SWI) announced key dates for its spin-off of the MSP business into a new public company, N-able, with a record date of July 12, 2021, and an anticipated distribution date of July 19, 2021. Shareholders will receive one share of N-able common stock for every two shares of SolarWinds common stock they hold, and the distribution is intended to be tax-free, excluding cash for fractional shares. The U.S. SEC has declared N-able's Registration Statement effective. Furthermore, a reverse stock split of SolarWinds shares will occur on July 1, 2021, with a ratio between 2:1 and 4:1.
N-able, formerly SolarWinds MSP, launched the N-able MSP Super Elite partner program during the 2021 N-able EMPOWER event. This prestigious designation recognizes around 200 top-performing managed services providers (MSPs) who represent the top 1% of over 25,000 global MSPs. Members must manage over 5,000 devices and demonstrate consistent growth and exceptional service. The initiative enhances collaboration and influence between N-able and its elite partners, promoting innovation and shared best practices. Additionally, the N-able AllStar Program was introduced to reward engaged MSP partners.
N-able, the technology partner for managed services providers (MSPs), has appointed Jeff Nulsen as its new chief marketing officer. Nulsen's extensive experience includes senior roles at Bluehost and Vistaprint, where he led marketing and product initiatives. His focus will be on amplifying N-able's brand and strengthening partnerships with MSPs. President John Pagliuca emphasized Nulsen's strategic vision as crucial for driving the company's mission to empower MSP partners and support their growth in the digital era.
N-able, formerly SolarWinds MSP, has launched MarketBuilder, a platform designed to equip managed services providers (MSPs) with customizable marketing campaigns. This initiative has already seen over 40,000 emails sent by users and more than 1,000 social media posts per month aimed at lead generation. Additionally, N-able has expanded its Head Nerds team by welcoming three new experts to provide tailored support and training for MSP partners, enhancing their ability to foster business growth and adapt to the evolving digital landscape.
N-able, formerly SolarWinds MSP, has announced the active participation of over 50 technology providers in its Technology Alliance Program (TAP). Major companies like Cisco, Sophos, and Webroot are included, alongside emerging innovators such as Liongard and Zomentum. This program aims to enhance offerings for managed services providers (MSPs) by providing access to integrated tools. Additionally, TAP encourages members to offer discounts and incentives. N-able is running a 'TAP Tank' series at its upcoming EMPOWER event to showcase partnerships and foster collaboration.