N-Able Inc reports results for the quarter ended in March - Earnings Summary

N-Able

10/05/2023 14:31

* N-Able Inc  NABL.N  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 9.9% to $99.82 million from a year ago;
analysts
expected $97.78 million. 
    * N-Able Inc's reported EPS for the quarter was 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * N-Able Inc shares had fallen by 3.9% this quarter and
gained 23.4% so far this year.
    * The company reported quarterly net income of $3.54
million.
    * Wall Street's median 12-month price target for N-Able Inc
is
$14.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.07           0.08           Beat
 Dec. 31 2022      0.07           0.10           Beat
 Sep. 30 2022      0.07           0.07           Met
 Jun. 30 2022      0.07           0.09           Beat