earnings
confidence high
sentiment positive
materiality 0.75
N-able Q4 revenue $116.5M (+7.5% YoY), guides FY25 ARR growth 7-9%
N-able, Inc.
- Q4 revenue $116.5M, up 7.5% YoY; subscription revenue $115M (+8.5% YoY).
- GAAP net income $3.3M ($0.02/diluted); non-GAAP net income $18.8M ($0.10/diluted).
- Full-year 2024 revenue $466.1M (+10.5% YoY); total ARR $482.5M (+8.6% YoY).
- FY2025 outlook: adjusted EBITDA margin 27-28%, constant currency ARR growth 7-9%.
- Acquired Adlumin, adding XDR/MDR capabilities; added key channel sales hires.