Shares of N-able, Inc. (NYSE: NABL) soared 6.74% in pre-market trading on Thursday following the company's impressive second-quarter earnings report and raised full-year outlook. The provider of cloud-based software solutions for managed service providers (MSPs) demonstrated strong financial performance, surpassing analyst expectations.
N-able reported quarterly earnings of $0.11 per share, beating the analyst consensus estimate of $0.09 by 23.6%. While this represents a 21.43% decrease from the same period last year, the company's sales performance was notably strong. N-able's quarterly sales reached $131.249 million, surpassing the analyst consensus estimate of $125.081 million by 4.93% and marking a 9.88% increase from the previous year.
Adding to the positive sentiment, N-able raised its full-year 2025 Annual Recurring Revenue (ARR) outlook to a range of $525 million to $530 million. This upward revision in guidance suggests management's confidence in the company's growth trajectory and its ability to continue attracting and retaining customers in the competitive MSP software market.