SolarWinds Announces First Quarter 2024 Results

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its first quarter ended March 31, 2024. First Quarter Financial Highlights Total revenue for the first quarter of $193.3 million, representing 4% year-over-year growth, and total recurring revenue representing 93% of total revenue. Net income for the first quarter of $15.6 million. Adjusted EBITDA for the first qua