SolarWinds Corp (NYSE:SWI)
$ 11.97 0.02 (0.17%) Market Cap: 2.01 Bil Enterprise Value: 2.96 Bil PE Ratio: 173.19 PB Ratio: 1.56 GF Score: 70/100

SolarWinds Corp at Citi Global Technology Conference Transcript

Sep 10, 2020 / 05:30PM GMT
Release Date Price: $20.62 (-0.51%)
Matthew Ryan Wells
Citigroup Inc., Research Division - Associate

Okay. It looks like we're live now. Good afternoon, everybody, and thank you for joining us today. With me is the SolarWinds' team. We have the CEO, Kevin Thompson; Bart Kalsu, the CFO; and Howard Ma, VP of IR. And I'm just going to kick it off here.

Questions & Answers

Matthew Ryan Wells
Citigroup Inc., Research Division - Associate

The question for Kevin. So last quarter, there were a handful of announcements and the 2 most notable being your planned exit and the spin-off of the MSP business. Can you just provide a quick high-level recap of the MSP spin-off plan and the milestones from here on out in addition to who will lead both companies?

Kevin B. Thompson
SolarWinds Corporation - President, CEO & Director

Sure. So we announced on the call last quarter, in addition to solid quarter results, is that we've been going through a strategic exercise as a business and board to really decide how we optimize the performance of the assets

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