Increased Shares for SolarWinds after Q2 Earnings

increase_SharesThe second quarter of SolarWinds Inc. was reported on Thursday with the net income of $13.3 million. That is 18 cents per share on the revenue of $101.5 million. This is compared to the same period last year having a net income of $22.7 million. That is 30 cents per share on the revenue of $77.5 million.

SolarWinds Inc. was founded on 1998. It is an Austin-based company that develops software for information technology management. It has a total of 1,400 employees, 400 of these workers are from Austin.

The company has recently acquired Pingdom AB, a Sweden-based website developer.

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