earnings
confidence high
sentiment positive
materiality 0.75
N-able Q3 revenue $107.6M (+15% YoY); raises full-year adjusted EBITDA outlook to $139.2-139.7M
N-able, Inc.
2023-Q3 EPS reported
$0.08
revenue$313,465,000
- Revenue $107.6M (+15% YoY / +12.9% constant currency); subscription revenue $105.2M (+15.3%).
- GAAP net income $6.0M ($0.03 diluted EPS); non-GAAP net income $17.2M ($0.09 diluted EPS).
- Adjusted EBITDA $36.6M (+27% YoY, 34% margin); full-year adj. EBITDA guidance raised to $139.2-139.7M.
- Maintained full-year revenue growth outlook of 13% YoY; reaffirms 2023 guidance.
- Cash $127.4M; total debt (net) $335.5M; cash flow not separately highlighted.