Investing.com - SolarWinds Corp reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SolarWinds Corp announced earnings per share of $0.20 on revenue of $179.4M. Analysts polled by Investing.com EPS of $0.23 on revenue of $186.95M.
SolarWinds Corp 's are down 39.61% and is trading at $9.00 , still down 50.70% from its 52 week high of $17.24 set on Friday, November 5, 2021.
SolarWinds Corp shares gained 5.88% to trade at $9.00 in pre-market trade the report.
SolarWinds Corp follows other major Information Technology sector earnings this month
SolarWinds Corp's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar