N-able Q2 2024 Earnings Report

N-able EPS Results

• Actual EPS: $0.14
• Consensus EPS: $0.10
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: $0.03

N-able Revenue Results

• Actual Revenue: $119.40 million
• Expected Revenue: $116.83 million
• Beat/Miss: Beat by +$2.57 million
• YoY Revenue Growth: +12.50%

N-able Announcement Details

• Quarter: Q2 2024
• Date: 8/8/2024
• Time: Before Market Opens

N-able (NYSE:NABL) provides cloud-based software solutions for managed service providers in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises. It provides software platform designed to be an integrated, enterprise-grade solution that serves as an operating system for its MSP partners and scales as their businesses grow. In addition, the company offers remote monitoring and management solutions provide MSP partners with visibility and insights into the availability and performance of their customers' networks, infrastructure, devices and applications through a centralized dashboard; data protection as-a-service solutions, such as backup and disaster recovery for servers, virtual machines, workstations, files, data, and key cloud-based applications, as well as multi-tenant platform and secure remote delivery architecture. Further, it offers security services through patch management, endpoint security, managed detection and response, web protection, e-mail security, and archiving and vulnerability assessment solutions. Additionally, the company engages in professional services automation, automation and scripting management, password management policies and reporting, and analytics. N-able, Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.