N-able Inc (NABL) Q2 2024 Earnings Call Highlights: Strong Revenue Growth Amid Strategic Shifts [Yahoo! Finance Canada]
N-able, Inc. (NABL)
Company Research
Source: Yahoo! Finance Canada
Subscription Revenue: $117.4 million, 14% year-over-year growth. Gross Margin: Unlevered Free Cash Flow: $35.5 million. Non-GAAP Earnings Per Share: Cash Balance: Approximately $158 million. Net Leverage: Approximately 1.1 times. Dollar-Based Net Revenue Retention: Approximately 108% (106% constant currency). Partners with $50,000+ ARR: 2,194, representing 56% of total ARR. Third Quarter Revenue Guidance: $114.5 million to $115 million. Full Year Revenue Guidance: $463 million to $465 million. Full Year Adjusted EBITDA Guidance: $165.5 million to $167.5 million. Release Date: August 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points N-able Inc ( ) exceeded the high end of their top and bottom-line guidance for the second quarter of 2024. Revenue grew approximately 13% year over year, reaching $119.4 million. The company achieved an adjusted EBITDA of $46.8 million, representing a
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NABL
News
- N-able, Inc. (NYSE: NABL) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.50 price target on the stock.MarketBeat
- N-able, Inc. (NYSE: NABL) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $15.00 price target on the stock.MarketBeat
- N-able Acquires Existing Strategic Partner Adlumin, Adding Cloud-Native XDR and MDR Capabilities to Its End-to-End Security and IT Management PlatformBusiness Wire
- N-able Adds Three Leaders to Further Strengthen its Global Channel StrategyBusiness Wire
- N-able, Inc. (NYSE: NABL) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.50 price target on the stock.MarketBeat
NABL
Earnings
- 11/7/24 - Beat
NABL
Sec Filings
- 11/20/24 - Form 8-K
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- NABL's page on the SEC website