SolarWinds Management Predicts Drivers Of Growth In 2011

SolarWinds, Inc. (NYSE: SWI) is predicted to have a slight deceleration in license revenue growth for 2011, (+14% y/y vs. +16% in 2010), while potential drivers (outlined by SolarWinds management) include new Orion packaging, new storage resource and virtualization management packages, and easy U.S. government compare access, according to JP Morgan.

SolarWinds maintains reasonable expectations and has conservative views over the coming quarters throughout the end of 2010. In the future, SolarWinds is expected by JP Morgan to continue securing IT management that fits the company's business model, and seek out opportunities that will benefit it's share of the market.

Because of high growth rates and gross margins, JP Morgan maintains its Overweight rating for SolarWinds, Inc., which closed yesterday at $14.85.