SolarWinds revenue up 21% of prior year quarter

SolarWinds (NYSE: SWI) has reported total revenue for the second quarter of 2013 ended June 30, 2013 of USD77.5m, a 21% increase over total revenue for the second quarter of 2012.

License revenue was USD31.1m for the second quarter of 2013, representing a 6% increase over license revenue for the second quarter of 2012. Maintenance revenue was a record USD45.4m for the second quarter of 2013, representing a 31% increase over maintenance revenue for the second quarter of 2012.

On a GAAP basis, diluted earnings per share were USD0.30 for the second quarter of 2013 compared to USD0.26 for the second quarter of 2012. Non-GAAP diluted earnings per share were USD0.40 for the second quarter of 2013 compared to USD0.33 for the second quarter of 2012.

SolarWinds provides powerful and affordable IT management software to customers worldwide from Fortune 500 enterprises to small businesses. The company´s website is at http://www.solarwinds.com.