Why SolarWinds Stock Had a Sunny Day

Why SolarWinds Stock Had a Sunny Day

Shares of SolarWinds (NYSE: SWI) had a sunny trading day, closing out the session with gains of 12% after the company reported second-quarter earnings. Revenue in the second quarter was $246 million, which translated into adjusted earnings per share of $0.25. The consensus estimates had called for sales of $246 million and adjusted earnings per share of $0.20.