Sales of licenses and subscriptions grew a combined 19% in the second quarter, compared with an average 31% in the four quarters before, according to Bloomberg.
Additionally, the company reported mixed 2015 second quarter earnings results on Thursday after the market close.
SolarWinds posted earnings of 52 cents per diluted share on revenue of $119.1 million for its 2015 second quarter.
Analysts polled by Thomson Reuters expected earnings of 46 cents per share on revenue of $122.62 millionfor the period.
Furthermore, Deutsche Bank downgraded SolarWinds to "hold" from "buy" and lowered its price target on the stock to $45 from $60 this morning.
Separately, TheStreet Ratings team rates SOLARWINDS INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate SOLARWINDS INC (SWI) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity."
You can view the full analysis from the report here: SWI Ratings Report