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home / articles / software developer solarwinds stock shines after q1 mwn benzinga

TECH - Software Developer SolarWinds Stock Shines After Q1 Earnings - Here's Why | Benzinga

Bio-Techne Corp

SolarWinds Corp (NYSE:SWI) reported a fiscal first-quarter 2024 revenue growth of 4% year-on-year to $193.31 million, beating the analyst consensus of $190.84 million. 

Adjusted EPS of $0.29 beat the analyst consensus of $0.22.

Maintenance revenue declined 2.4% Y/Y at $111.72 million. Subscription revenue climbed 26.5% Y/Y to $68.76 million, while License revenue declined 25.1% to $12.83 million.

Also Read: AI Is Going Well ...

Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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