AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — SolarWinds Corp. (SWI) on Thursday reported a loss of $10.4 million in its fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 6 cents. Earnings, adjusted for amortization costs and stock option expense, came to 19 cents per share.
The provider of information-technology management software posted revenue of $187.1 million in the period.
For the year, the company reported a loss of $929.4 million, or $5.78 per share. Revenue was reported as $719.4 million.
For the current quarter ending in March, SolarWinds expects its per-share earnings to range from 15 cents to 17 cents.
The company said it expects revenue in the range of $177 million to $182 million for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $183.4 million.
SolarWinds expects full-year earnings in the range of 69 cents to 74 cents per share, with revenue ranging from $725 million to $740 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWI at https://www.zacks.com/ap/SWI
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