That has sent SolarWinds' shares down by over 22% in afternoon trading. While discussing the quarterly results, Kevin Thompson, CEO and President of SolarWinds, said, "During the second quarter of 2015 several areas of our business performed well including our MSP and Cloud businesses, license sales in our US Federal and Asia-Pacific businesses, our installed base teams' sales efforts and our customer retention rates. In addition, we exceeded our margin and profit outlook and generated record cash flow from operations given the strength of our unique business model." The shares of SolarWinds Inc (NYSE:SWI) have now declined by 26.73% year-to-date following the latest setback. Smart money had a bearish outlook of the company during the first quarter, with 24 hedge fund managers investing $589.94 million in the company against previous holdings of $685.74 million from 28 hedge fund investors.