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SolarWinds' (SWI -21.8%) Q2 earnings jumped 17%, but shares are sinking on disappointing Q3 and...

SolarWinds' (SWI -21.8%) Q2 earnings jumped 17%, but shares are sinking on disappointing Q3 and full-year guidance. Needham downgrades SWI to Hold from Buy, based on a belief SWI has encountered new challenges layered on top of the difficulties which caused the Q1 miss. Core business seems worse, the firm says, with continued license weakness despite big Y/Y gains in transaction volume.

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Comments (1)
  • BMoney007
    , contributor
    Comments (26) | Send Message
     
    Dis Bulls*** ::: Dis All Bulls***!! Earnings per share of $0.40, $42.1 million in operating income (a 2nd quarter record), 21% year-over-year revenue growth, net income of $22 million versus 19 million last 2nd quarter
    26 Jul 2013, 07:01 PM Reply Like
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