N-able (NABL) shares were up more than 6% in recent trading on Thursday after the company reported Q1 non-GAAP net income and revenue that beat analysts' consensus.

Q1 non-GAAP net income was $0.08 per diluted share, down from $0.11 a year earlier.

Analysts polled by FactSet expected $0.07.

Revenue for the quarter ended March 31 was $118.2 million, up from $113.7 million a year earlier.

Analysts surveyed by FactSet expected $115.6 million.

The company said it expects Q2 total revenue of $125.5 to $126.5 million. Analysts surveyed by FactSet expect $122.8 million.

N-able said it now expects 2025 total revenue of $492 million to $497 million. That compares with its previous guidance of $486.5 million to $492.5 million. Analysts polled by FactSet expect $490.2 million.

Price: 7.62, Change: +0.48, Percent Change: +6.65