Shares of Austin software maker SolarWinds took a hit on Wednesday after sales of new licenses slowed and the company missed analysts’ first-quarter revenue estimates.
SolarWinds, which sells network management software, also forecast that second quarter revenue would be below consensus estimates.
The story you're reading is premium content from the Austin American-Statesman. Subscribers get total access to all our in-depth news, digital editions and exclusive premium content. You can now also buy a 24-hour digital pass or 7-day digital pass.
For Subscribers: Sign in here if you have already registered your account.Sign In
For Subscribers: Register your account for digital access.Access Digital
Read MyStatesman.com now — 24-hour digital pass99¢ for 24-hours
Read MyStatesman.com all week — 7-day digital pass$3.99 for 7-days
Subscribe to the Statesman for as little as 33¢ per dayView Offers