N-Able, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024
May 09, 2024 at 07:00 am EDT
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N-able, Inc. provided earnings guidance for the second quarter and full year 2024. For the quarter, the company expects Total revenue in the range of $116.5 million to $117.0 million, representing approximately 10% year-over-year growth, or 10% to 11% growth on a constant currency basis.
For the full year, the company expects Total revenue in the range of $462.0 million to $465.0 million, representing approximately 10% year-over-year growth, or 10% to 11% growth on a constant currency basis.
N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Companyâs platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. The Company also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.