secwatch.observer — SEC 8-K summary
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Issuer:     N-able, Inc. (NABL)
CIK:        0001834488
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001834488-24-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

N-able Q1 revenue $113.7M (+14% YoY); raises FY24 constant currency revenue growth to 10-11%
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- Q1 revenue $113.7M, +14% YoY; subscription revenue $111.5M, +14.4% YoY.
- GAAP net income $7.5M ($0.04 diluted EPS); non-GAAP net income $19.8M ($0.11).
- Adjusted EBITDA $39.6M (34.8% margin), up 21% YoY.
- Raised FY24 constant currency revenue growth outlook to 10-11% and adjusted EBITDA margin to 35%.
- Cash $139.2M; total debt net $334.5M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834488/000183448824000058/0001834488-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834488/000183448824000058/nabl-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001834488-24-000058

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