N-Able, Inc. Provides Earnings Guidance for the Third Quarter and Full-Year of 2023
August 10, 2023 at 04:38 pm IST
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N-able, Inc. provided earnings guidance for the third quarter and full-year of 2023. For the quarter, the company?s total revenue in the range of $106.5 million to $107.0 million, representing approximately 14% to 8% year-over-year growth, or approximately 12% to 13% growth on a constant currency basis.
For the full year, the company?s total revenue in the range of $419.5 million to $421.0 million, representing 13% year-over-year growth, on both a reported and constant currency basis.
N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Companyâs platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. The Company also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.