SolarWinds Corporation (NYSE:SWI) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET

Company Participants

Bart Kalsu - Chief Financial Officer

Sudhakar Ramakrishna - President, CEO and Director

Conference Call Participants

Rob Oliver - Baird

Simran Biswal - RBC Capital Markets

Erik Suppiger - JMP Securities

Connor Passarella - Truist Securities

Sanjit Singh - Morgan Stanley

John Dessauer - Onex Credit

Operator

Ladies and gentlemen, good morning. My name is Abbie, and I will be your conference operator today.

At this time, I would like to welcome everyone to the SolarWinds First Quarter 2022 Earnings Call. Today's conference is being recorded. [Operator Instructions]

Thank you. And I would now like to turn the conference over to Mr. Bart Kalsu, Chief Financial Officer. Mr. Kalsu, you may begin your conference.

Bart Kalsu

Thank you, Abbie. Good morning, everyone, and welcome to SolarWinds First Quarter 2022 Earnings Call. With me today is Sudhakar Ramakrishna, our President and CEO.

Following prepared remarks, we'll have a question-and-answer session. This call is being simultaneously webcast on our Investor Relations website at investors.solarwinds.com. Our Investor Relations website, you can also find -- on our Investor Relations website, you can also find our earnings press release and a summary slide deck, which is intended to supplement our prepared remarks during today's call.

Please remember that certain statements made during this call are forward-looking statements, including those concerning our financial outlook, the impact of the cyber incident on our business, our market opportunities, our expectations regarding customer retention and our evolution to the subscription first mentality, the impact of the global economic and geopolitical environment on our business and the impact of the spin-off of the N-able business. These statements are based on currently available information and assumptions, and we undertake no duty to update this information except as required by law.

These statements are also subject to a number of risks and uncertainties, including the numerous risks related to the cyber incident, the current global economic and geopolitical environment and the completed spinoff of the N-able business.

Additional information concerning these statements and the risks and uncertainties associated with them is highlighted in today's earnings release and in our filings with the SEC. Copies are available from the SEC or on our Investor Relations website.

We completed the spin-off of the N-able business on July 19, 2021, and accordingly have included the results of the N-able business as discontinued operations for historical periods. Therefore, the financial results presented on this call reflect SolarWinds as a standalone business and do not include any contribution from the N-able business.