The Latest Breaking News from SWI

The software industry braces itself for growth driven by fast-paced digitization. Considering the industry's promising growth trajectory, quality software stocks such as Akamai Technologies (AKAM), Amdocs Limited (DOX), and SolarWinds Corporation (SWI) might be wise portfolio additions today. Read on….

With the growing adoption of cloud-based solutions, the software industry is poised to witness solid long-term growth. Hence, fundamentally strong software stocks GoDaddy (GDDY), SolarWinds (SWI), and Agilysys (AGYS) might be worth buying now. Keep reading.

One of the largest industrial land deals in Fife sees 7.7 hectares bought for offices, bottling and storage

PROPOSALS for a new whisky storage and warehousing development in Glenrothes – complete with bottling, cooperage and office facilities – are set…

SolarWinds Corporation (NYSE:SWI) reported first-quarter FY22 revenue growth of 1.7% year-on-year to $176.9 million, beating the consensus of $174.6 million. Maintenance revenue declined 4.3% Y/Y to $115.5 million. Subscription revenue climbed 36.8% Y/Y to $38.7 million. License revenue declined 9% to $22.6 million. Margins: The non-GAAP gross margin contracted 140 bps to 90.3%, and…

SolarWinds Corp (NYSE:SWI) reported a fourth-quarter FY21 revenue growth of 0.6% year-on-year to $186.7 million, beating the consensus of $181.8 million. Maintenance revenue declined 2.8% Y/Y to $118.5 million. Subscription revenue climbed 18.2% Y/Y to $34.4 million. License revenue declined 2% to $33.8 million. Margins: The non-GAAP gross margin contracted 160 bps to 90.7%,…

Bearish market sentiment has dragged several software stocks down in price significantly since the beginning of the year. However, the industry’s prospects look bright due to enterprises’ rising investments in software solutions as part of their digital transformation efforts. So, we think software stocks SolarWinds (SWI), Agilysys (AGYS), Model N…