N-ABLE(NABL)

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N-able (NABL) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-07 14:21
Core Viewpoint - N-able (NABL) reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.10 per share, marking a 30% earnings surprise compared to the previous year's earnings of $0.09 per share [1] - The company also posted revenues of $116.44 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.44% and showing an increase from $107.57 million year-over-year [2] Financial Performance - N-able has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] - The company’s shares have declined approximately 4% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] Future Outlook - The future performance of N-able's stock will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.11 on revenues of $116.48 million, and for the current fiscal year, it is $0.46 on revenues of $464.42 million [7] Industry Context - The Technology Services industry, to which N-able belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of N-able's stock may also be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]
N-ABLE(NABL) - 2024 Q3 - Quarterly Results
2024-11-07 12:07
Exhibit 99.1 N-able Announces Third Quarter 2024 Results TTM Dollar Based Net Revenue Retention Rate of 105% Updates Mid-Point of Full-Year 2024 Revenue Outlook to $462M Raises Full-Year 2024 Adjusted EBITDA Margin Outlook to 37% BURLINGTON, Massachusetts - November 7, 2024 - N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service and security solutions, today reported results for its third quarter ended Septemb ...
Down -9.96% in 4 Weeks, Here's Why You Should You Buy the Dip in N-able (NABL)
ZACKS· 2024-08-21 14:36
Core Viewpoint - N-able (NABL) is experiencing significant selling pressure, having declined 10% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory with strong analyst support for better-than-expected earnings [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 indicating oversold conditions [2]. - NABL's current RSI reading is 27.02, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [3]. Group 2: Earnings Estimates - There is a strong consensus among sell-side analysts that earnings estimates for NABL will improve, with a 4.2% increase in the consensus EPS estimate over the last 30 days [3]. - An upward trend in earnings estimate revisions typically correlates with price appreciation in the near term [3]. Group 3: Analyst Ratings - NABL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3].
N-able: Waiting For Near-Term Headwinds To Be Over
Seeking Alpha· 2024-08-14 04:50
The best photo for all/iStock via Getty Images Investment action I recommended a hold rating for N-able (NYSE:NABL) when I wrote about it in March, as I expected the stock to be rangebound in the near term until there are solid signs of growth accelerating back to >10%. Based on my current outlook and analysis, I recommend a hold rating. There are certainly encouraging signs that point to growth potentially accelerating to >10%. However, I am not comfortable with the near-term transitionary headwinds that m ...
N-ABLE(NABL) - 2024 Q2 - Earnings Call Transcript
2024-08-09 07:39
N-able, Inc. (NYSE:NABL) Q2 2024 Earnings Call Transcript August 8, 2024 8:30 AM ET Company Participants Griffin Gyr - Investor Relations John Pagliuca - President and Chief Executive Officer Tim O'Brien - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Richards - RBC Capital Markets Jason Ader - William Blair Charlotte Bedick - J.P. Morgan Mike Cikos - Needham Operator Welcome to the N-able Second Quarter 2024 Earnings Call. My name is Sam and I will be coordinating you ...
N-able (NABL) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 13:35
N-able (NABL) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this provider of cloud-based software services would post earnings of $0.10 per share when it actually produced earnings of $0.11, delivering a surprise of 10%. Over the last four ...
N-ABLE(NABL) - 2024 Q2 - Quarterly Report
2024-08-08 13:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40297 N-able, Inc. (Exact name of registrant as specified in its charter) Delaware 85-4069861 (State or other jurisdiction of inco ...
N-ABLE(NABL) - 2024 Q2 - Quarterly Results
2024-08-08 11:09
Exhibit 99.1 N-able Announces Second Quarter 2024 Results Second-Quarter 2024 Revenue Increased 13% Year-Over-Year Raised Mid-Point of Full-Year 2024 Revenue Outlook to $464.0M Raised Full-Year 2024 Adjusted EBITDA Margin Outlook to 36% BURLINGTON, Massachusetts -August 8, 2024 - N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service and security solutions, today reported results for its second quarter ended Ju ...
N-ABLE(NABL) - 2024 Q1 - Earnings Call Transcript
2024-05-10 20:54
N-able, Inc. (NYSE:NABL) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Griffin Gyr - IR John Pagliuca - President and CEO Tim O'Brien - EVP and CFO Conference Call Participants Mike Cikos - Needham Jason Ader - William Blair Brian Essex - J.P. Morgan, Chase & Co Mike Richards - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the N-able First Quarter 2024 Earnings Call. All lines have been placed on mute during a presentation portion of ...
N-ABLE(NABL) - 2024 Q1 - Quarterly Report
2024-05-09 13:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40297 N-able, Inc. (Exact name of registrant as specified in its charter) Delaware 85-4069861 (State or other jurisdiction of inc ...