N-able (NABL) rose more than 4% in recent trading Thursday after reporting better-than-expected Q2 results and raising its annual guidance.
The company reported Q2 non-GAAP earnings Thursday of $0.11 per diluted share, down from $0.14 a year earlier.
Analysts polled by FactSet expected $0.09 per share.
Revenue for the quarter ended June 30 was $131.2 million, compared with $119.4 million a year earlier.
Analysts surveyed by FactSet expected $125.8 million.
For Q3, the company projects total revenue in the range of $127 million to $128 million. Analysts surveyed by FactSet expect $125 million.
For the full-year 2025, N-able expects total revenue between $500 million and $503 million, up from a prior outlook of $492 million to $497 million. Analysts polled by FactSet expect $495.1 million.