Reports Q4 revenue $210.3M, consensus $202.9M. “We ended 2024 on a high note with fourth quarter and full-year total revenue and adjusted EBITDA results that exceeded the high end of our guidance ranges,” said Sudhakar Ramakrishna, CEO. “I’m pleased with the progress of our subscription-first strategy, our strong customer retention, and the continued innovation on the SolarWinds (SWI) Platform… Partnering with Turn/River Capital, we believe we can invest to fast-track a broader set of SolarWinds Platform innovations and an even greater focus on customer success to help navigate the complexities of today’s hybrid and multi-cloud environments.”
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