N-able Q2 revenue tops $100M, raises full-year guidance

N-able, Inc.

2023-Q2 EPS reported $0.04 revenue$205,898,000

Total revenue $106.1M (+16% YoY); subscription revenue $103.4M (+16% YoY).
GAAP net income $4.5M ($0.02 diluted EPS); non-GAAP net income $16.3M ($0.09 diluted EPS).
Adjusted EBITDA $34.9M (+26% YoY), margin 32.9%.
Raises FY2023 revenue outlook to $419.5-421.0M; adjusted EBITDA to $135.5-137.0M.
TTM Dollar-Based Net Retention Rate 105% (109% constant currency).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

N-able, Inc. reported second quarter ended June 30, 2023 results: revenue $106.1 million, net income $4.5 million, or $0.02 per diluted share, EPS $0.02 per diluted share. Guidance raised.

Period: second quarter ended June 30, 2023
Revenue: $106.1 million
Net income: $4.5 million, or $0.02 per diluted share
EPS: $0.02 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

N-able Announces Second Quarter 2023 Results Exceeded $100 Million Quarterly Revenue Milestone with Q2 Revenue of $106.1 Million Raised Full-Year 2023 Revenue Outlook to $419.5 - $421.0 Million Raised Full-Year 2023 Adjusted EBITDA Outlook to $135.5 - $137.0 Million with Adjusted EBITDA Margin of 32% to 33%

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Source: SEC EDGAR

accession 0001834488-23-000105

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