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 September 30, 2023 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 ...

7 Appliance free, direct to cloud Meet Policy Requirements Physical and Virtual Servers Smooth interface experience Password manager Secure Design Automation Remote Monitoring and Management Gives MSPs and IT professionals the ability to monitor and manage their network from anywhere. Cloud based nature allows MSPs and IT professionals to automate tasks. Product Portfolio N N-ABLE N-central® Patch Management r Automation Network Monitoring Best in class integrations Security Protects SMBs and IT professiona ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2023 was $106.1 million, representing approximately 16% year-over-year growth or approximately 17% on a constant currency basis [59] - Adjusted EBITDA was approximately $34.9 million, up approximately 26% year-over-year, representing an adjusted EBITDA margin of approximately 33% [34][62] - The company ended the quarter with approximately $109 million in cash and an outstanding loan principal balance of approximately $344 million, representing net leverage of approximately 1.8x [60] Business Line Data and Key Metrics Changes - Subscription revenue was $103.4 million, representing approximately 16% year-over-year growth or approximately 17% on a constant currency basis [59] - Revenue from the security business outpaced total company revenue growth, with strong demand for managed EDR offerings and other security solutions [52][30] - New customers on Cove, the data protection as a service product, were up 28% year-over-year in Q2 [30] Market Data and Key Metrics Changes - The company ended the quarter with 2,162 partners contributing $50,000 or more of ARR, up approximately 19% year-over-year [18] - Approximately 45% of revenue was generated outside of North America [60] - The macro outlook for disaster recovery as a service is strong, with IDC projecting a CAGR of 18% through 2026 [13] Company Strategy and Development Direction - The company aims to empower MSP partners with enterprise-grade technology to meet the needs of their SME customer base [8] - The strategy includes innovation in product offerings, such as the integration of AI technology to enhance efficiency and effectiveness [15][56] - The company is focused on maintaining a balanced path toward its sustained Rule of 50 operating goal [38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term secular growth of SME IT spending and the trend of outsourcing IT services [40] - The demand environment is healthy, with MSPs increasingly managing IT departments of larger organizations [6][7] - Management noted that compliance is becoming a critical focus for MSPs as customers seek to meet regulatory requirements [86] Other Important Information - The company raised its full-year revenue outlook to $419.5 million to $421 million, representing approximately 13% year-over-year growth [62] - The company received four Stevies at the 2023 American Business Awards for various achievements [16] Q&A Session Summary Question: Can you help us think through the impact of pricing changes on Q3 guidance? - Management indicated that the majority of pricing changes are felt at the time of the increase rather than over a 12-month period, which affects Q3 guidance [68][102] Question: What is driving MSPs to move upmarket? - Management noted that MSPs are now servicing larger enterprises due to their maturity and the demand for more comprehensive IT services [94][95] Question: How is the macro environment impacting new projects and customers? - Management observed that while Europe has been softer, demand remains strong across other regions, particularly for data protection and security offerings [80] Question: How does the company approach portfolio diversification? - The company employs a three-pronged approach of building IP, partnering with enterprise-grade companies, and pursuing M&A to enhance its offerings [107][108]

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, 2023 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, Inc (NYSE:NABL) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Griffin Gyr - Investor Relations John Pagliuca - President and Chief Executive Officer Tim O???Brien - Executive Vice President and Chief Financial Officer Conference Call Participants Mike Cikos - Needham & Co Jason Ader - William Blair Matt Hedberg - RBC Capital Markets Brian Essex - JPMorgan Keith Bachman - BMO Operator Hello, and welcome to the N-able First Quarter 2023 Earnings Call. My name is Lauren, ...

or 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, 2023 | Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | | --- | --- | --- | | Common Stock, $0.001 par value | NABL | New York Stock Exchange | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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) (State or other jurisdiction of incorporation or organizati ...

N-able, Inc. (NYSE:NABL) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Griffin Gyr - Investor Relations John Pagliuca - President and CEO Tim O'Brien - EVP and CFO Conference Call Participants Mike Cikos - Needham Matt Hedberg - RBC Capital Markets Jason Ader - William Blair Brian Essex - JPMorgan Operator Hello, and welcome to the N-able Fourth Quarter and Full-Year 2022 Earnings Call. My name is Elliot, and I'll be coordinating your call today. [Operator Instructions] ...

Professional Services Automation Password & Documentation Management g Cloud User Hub Business Management Multi-tenant Unified Agents Secure Design Automation Extensibility N- N-ABLE Confidential and proprietary information of N-able, Inc. – Do not distribute or duplicate without N-able's express written permission. 17 Monitor Everything from Anywhere Visibility and control over disparate devices and IT environments Solution capabilities What problems does it solve for the MSP? | --- | --- | --- | --- | --- ...

Financial Data and Key Metrics Changes - Q3 2022 revenue reached $93.5 million, representing a 13% year-over-year growth on a constant currency basis [7][44] - Adjusted EBITDA was $28.9 million, resulting in a 31% EBITDA margin, exceeding the high end of the forecast [8][49] - Gross margin decreased to 84.8% from 87.7% in Q3 2021, attributed to foreign exchange rates, product mix, and data center investments [48] - Dollar-based net revenue retention was 104% on a reported basis, reflecting a 4-point negative FX impact [46] Business Line Data and Key Metrics Changes - Subscription revenue was $91.2 million, showing a 6% year-over-year growth [44] - EDR and Cove Data Protection offerings continued to outpace total company revenue growth [46] - The Cove Data Protection solution demonstrated significant competitive differentiation and growth, with a focus on its TrueDelta innovation [23][24] Market Data and Key Metrics Changes - Approximately 44% of revenue was generated outside North America [50] - Cloud-based IT spending by SMEs is projected to grow from $600 billion in 2022 to $1 trillion by 2027, indicating a strong macro tailwind for the company [10] Company Strategy and Development Direction - The company aims to expand integrated cloud offerings to help MSPs manage and protect multi-cloud environments [15] - Focus on high LTV products and optimizing marketing spend in profitable geographies [82] - The company is positioned to be recession-resilient, addressing challenges like labor scarcity and cybersecurity [22] Management's Comments on Operating Environment and Future Outlook - Management noted that while some partners experienced elongated sales cycles, most did not feel a material slowdown in their cross-sell business [21] - The company is taking a prudent approach to forecasting, with a focus on maintaining strong demand despite macroeconomic uncertainties [102] - Retention rates remain strong, with no degradation observed [101] Other Important Information - The company hosted its Empower Partner Conference, welcoming over 450 partners, which was seen as a significant event for engagement and industry discussion [8][9] - The company is focusing on product and engineering investments while moderating spending in other areas [52] Q&A Session Summary Question: Clarification on partners generating over $50,000 ARR - The number of partners generating over $50,000 ARR is 1,786, with growth primarily affected by FX rates [67][68] Question: Insights on gross margins and sales/marketing expenses - Gross margin pressure is attributed to new product investments, FX impacts, and data center costs, while sales and marketing expenses saw a seasonal decline [70][72] Question: Specifics on operational expenditure tightening - The company is focusing on high ROI initiatives and pulling back on less profitable marketing efforts in certain geographies [80][82] Question: Comparison of current environment to early COVID period - The current environment is different, with MSPs not experiencing the same reluctance to add new customers as seen during the pandemic [86][88] Question: Macro headwinds and device adds - The company is seeing some slowdown in device adds due to flat PC shipments, but overall demand remains strong [96][97]