Stock Track | N-able (NABL) Surges 6.74% Pre-Market on Q2 Earnings Beat and Raised Outlook

Stock Track
Aug 07

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10