Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of information technology specialist SolarWinds (UNKNOWN:SWI.DL) jumped 12% today after the company reported earnings.

So what: Second-quarter revenue jumped 31% from a year ago to $101.5 million, but net income dropped 41% to $13.4 million, or $0.18 per share. On an adjusted basis, earnings were $0.41 per share, $0.04 above the consensus estimate.  

Now what: Growth remains strong, and management doesn't see it slowing in the future. Third-quarter guidance calls for 24% to 27% revenue growth and earnings of $0.42 to $0.44 per share, both of which were better than Wall Street expected. Shares aren't cheap at 26.8 times this year's earnings estimates, but with these kind of growth figures they're worth the price.