Record Revenue for SolarWinds

SolarWinds Inc. (NYSE: SWI) reported a record total revenue for the second quarter of 2011 of $45.8 million. This represents a 29 percent increase over total revenue in the second quarter of 2010, and expects Total revenue in the range of $191.5-$196.0 million for the full year 2011. SolarWinds said users expressed healthy demand for new products, including SolarWinds Storage Manager, Virtualization Manager, User Device Tracker, and Application Performance Monitor.

"’Users expressed healthy demand for our new products, including SolarWinds Storage Manager, Virtualization Manager, User Device Tracker, and Application Performance Monitor. In addition, the release of SolarWinds Log and Event Manager, which is based on technology we acquired from TriGeo, has received a positive initial reception from the market. We believe it addresses a long-time need from our user base for a powerful, affordable and easy-to-use solution for log and event management.’"

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