SolarWinds Corporation (NYSE: SWI) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 31st October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
As per the projections made by financial experts on Wall Street, the firm is expected to announce an estimated $0.25 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $194.03 million.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $783.68 million. At the same time, they are expecting the company to achieve per share profit of $1.06 for the fiscal year ahead.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.23, attributed to the company's total revenue of $189.59 million.
SWI has scheduled a conference call on 31st October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
SolarWinds Corporation (SWI) shares traded as low as $12.30 and as high as $12.52 on a day volume of 237.40 thousand shares, closed Tuesday's regular trading session at $12.50, a rise of 0.32 percent.
