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N-Able Inc reports results for the quarter ended December 31 - Earnings Summary

N-Able Inc NABL.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 11 cents.  The mean expectation of six analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 7 cents to 8 cents per share.

Revenue rose 7.5% to $116.51 million from a year ago; analysts expected $113.77 million.

N-Able Inc's reported EPS for the quarter was 2 cents​.

The company reported quarterly net income of $3.29 million.

N-Able Inc shares had risen by 7.4% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for N-Able Inc is $12.75

This summary was machine generated from LSEG data March 3 at 04:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.080.10Beat
Sep. 30 20240.100.13Beat
Jun. 30 20240.100.14Beat
Mar. 31 20240.090.11Beat

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