solarwinds(SWI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 SolarWinds Announces Second Quarter 2024 Results AUSTIN, Texas - August 1, 2024 - SolarWinds Corporation (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its second quarter ended June 30, 2024. Second Quarter Financial Highlights • Total revenue for the second quarter of $193.3 million, representing 4% year-over-year growth, and total recurring revenue representing 93% of total revenue. • Net income for the second qu ...