SolarWinds (SWI) reports fourth-quarter earnings, with quarterly revenue of $198.14 million, up 5.9% year over year, and full year revenue of $758.7 million, up 5% year over year. was shown.
SolarWinds CEO and President Sudhakar Ramakrishna joins Yahoo Finance to discuss the company's performance, its switch to a subscription model, and its ongoing battle with the Securities and Exchange Commission (SEC).
Ramakrishna explains: “SolarWinds has always been great at monitoring, networking, databases, applications, and systems. What we've done is consolidate all of that into a single entity, the SolarWinds platform. We can provide superior functionality to [customers] A better way to integrate all this. So while some of our competitors carefully monitor their applications, infrastructure, and databases, we bring it all together to provide comprehensive visibility, reducing the time it takes to detect and resolve issues. It can be shortened. . This increases productivity, reduces costs, and improves overall security.
For more expert insights and the latest market trends, click here to watch the full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino
