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NABL — N-Able News Story

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N-Able Q1 revenue rises 13%, beats analyst estimates

Overview

Cybersecurity platform's preliminary Q1 revenue rose 13% yr/yr, beating analyst expectations

Adjusted EPS for preliminary Q1 met analyst expectations

Company cites improving retention and expanding platform adoption as key drivers

Outlook

N-able sees Q2 revenue between $137.5 mln and $138.5 mln

Company expects full-year ARR of $581 mln to $586 mln

N-able expects full-year revenue of $554 mln to $559 mln

Result Drivers

IMPROVING RETENTION - Co said Q1 performance was driven by improving customer retention

PLATFORM ADOPTION - Co cited expanding platform adoption and continued upmarket traction as key drivers, per CFO Tim O’Brien

AI-POWERED INNOVATION - Co highlighted new AI-powered features and product launches, including an AI assistant and expanded data protection, as supporting operational efficiency and security outcomes

Company press release: ID:nBw9xvr9Ya

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueBeat$133.70 mln$131.48 mln (6 Analysts)
Q1 Adjusted EPSMeet$0.09$0.09 (6 Analysts)
Q1 EPS$0
Q1 Net Income-$600,000
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" Wall Street's median 12-month price target for N-Able Inc is $8.00, about 50.7% above its May 6 closing price of $5.31 The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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