secwatch.observer — SEC 8-K summary
======================================

Issuer:     N-able, Inc. (NABL)
CIK:        0001834488
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001834488-23-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

N-able Q1 revenue $99.8M (+10% YoY); raises FY constant-currency revenue and EBITDA outlook
--------------------------------------------------------------------------------

- Total revenue $99.8M, up ~10% YoY (13% constant currency); subscription revenue $97.4M.
- GAAP net income $3.5M ($0.02/diluted); non-GAAP net income $15.0M ($0.08/diluted).
- Adjusted EBITDA $32.7M (32.8% margin); FY 2023 EBITDA outlook raised to $127-$130M.
- FY 2023 constant-currency revenue growth outlook raised to 12%-13% YoY.
- TTM dollar-based net retention rate 103% (108% constant currency); launched Managed EDR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834488/000183448823000065/0001834488-23-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834488/000183448823000065/nabl-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001834488-23-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer