SolarWinds Corporation (NYSE:SWI) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET

Company Participants

Tim Karaca - Group Vice President of Finance
Sudhakar Ramakrishna - President and Chief Executive Officer
Bart Kalsu - Chief Financial Officer

Conference Call Participants

Matt Hedberg - RBC Capital Markets
Sanjit Singh - Morgan Stanley
Pinjalim Bora - JPMorgan
Miller Jump - Truist Securities

Operator

Thank you for standing by. My name is Kathleen and I will be your conference operator today. At this time, I would like to welcome everyone to the SolarWinds 2024 First Quarter Earnings Call. [Operator Instructions] After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. I would now like to turn the call over to Tim Karaca, Group Vice President of Finance. Please go…

Tim Karaca

Thank you. Good morning, everyone, and welcome to the SolarWinds first quarter 2024 earnings call. Sudhakar Ramakrishna, our President and CEO; and Bart Kalsu, our CFO, are with me today.

Following our prepared remarks, we will have a question-and-answer session. This call is being simultaneously webcast on our investor relations website at investors.solarwinds.com. You can also find our earnings press release and the 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, our market opportunities, our expectations regarding customer retention, our continued evolution to subscription-first mentality, and the timing of the phases of such evolution, our expectations regarding our partner ecosystem, the SEC enforcement action, the impact of the global economic and geopolitical environment on our business, and our gross level of debt.

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 subject to a number of risks and uncertainties, including the numerous risks and uncertainties highlighted in today's earnings release and our filings with the SEC. Copies are available from the SEC on our Investor Relations website.

We will discuss various non-GAAP financial measures on today's call. Unless otherwise specified when we refer to financial measures, we will be referring to non-GAAP financial measures. A reconciliation of the differences between GAAP and non-GAAP financial measures and the definition of other financial metrics discussed on today's call are available in our earnings press release and summary slide deck on the Invest Relations page of our website.