N-Able Inc Stock Price, News & Analysis

N-able, Inc. (NYSE: NABL) has appointed Troels Rasmussen as General Manager of Security Products. With over four years at N-able, Rasmussen will guide the strategic direction of their security portfolio, which includes solutions like Endpoint Detection and Response and DNS Filtering. This move aims to enhance N-able's support for Managed Service Providers (MSPs) in their fight against escalating cyber threats, especially given that 90% of MSPs reported an increase in attacks since the pandemic. The focus is on delivering comprehensive security across the entire lifecycle for better protection.

N-able, Inc. (NYSE:NABL), a global software company, announced it will report its financial results for Q3 2022 on November 10, 2022. A conference call will follow at 8:30 a.m. ET the same day to discuss these results. Interested parties can access the live webcast through the N-able Investor Relations website and a replay will be available shortly after the event. N-able's software solutions empower IT service providers to manage and secure their customers’ IT systems and data effectively.

N-able, Inc. (NYSE: NABL) has appointed Mike Cullen as the general manager of RMM. With over 30 years of experience in the MSP industry, Cullen will guide the strategic direction of N-able's RMM platforms. This shift aims to enhance partner-led innovation and align N-able's offerings to better meet the needs of both new and established MSPs. CEO John Pagliuca emphasized the importance of trust and collaboration in driving future growth, and Cullen's role will focus on integrating partner feedback into N-able's development process.

N-able (NYSE: NABL) has launched a new feature, Private Portal, to enhance email security for sensitive business communications. This feature is provided free with the Mail Assure product, notifying recipients of critical emails and allowing them to view and reply to these within a secure environment. The emails are encrypted and automatically deleted after 30 days, protecting against potential data breaches. In addition, a new integration with the Splunk platform enhances message audit capabilities. This reflects N-able's commitment to offering robust security solutions amid rising cyber threats.

N-able, Inc. (NYSE: NABL) announced its Empower conference scheduled for October 3-5 at Caesar’s Forum, Las Vegas. The event aims to assist managed service providers (MSPs) in enhancing their cloud strategies. Participants can expect over 30 hours of content, networking opportunities, and keynote speeches from industry leaders including Lisa Bodell and Ken Schmidt. The conference focuses on providing insights into product updates, business strategies, and managing cloud complexities, marking the first in-person event since 2019.

N-able, a global software company, has been awarded the top spot in the MSP RMM Platforms category of the 2022 CRN Annual Report Card (ARC) Awards for the second consecutive year. The company excelled in Product Innovation, Partnership, and Managed and Cloud Services subcategories. This recognition, based on partner feedback, highlights N-able's ongoing investment in its remote monitoring and management platforms, namely N-able N-sight™ RMM and N-central®. The ARC Awards survey gathered responses from 3,000 solution providers across North America.

N-able, Inc. (NYSE: NABL) has launched the N-able Cloud User Hub, a multi-tenant Microsoft 365 management and automation platform aimed at Microsoft Cloud Solution Providers. This launch follows N-able's acquisition of Spinpanel earlier this year. The platform seeks to simplify console management, enhance security, streamline billing, and optimize Microsoft spend, ultimately aiding partners in scaling their businesses efficiently.

N-able, Inc. (NYSE:NABL) reported second quarter results showing an 8% year-over-year increase in subscription revenue, reaching $89.4 million. Total revenue was $91.6 million, a 7% increase, or 13% in constant currency. GAAP net income was $4.3 million, translating to $0.02 per diluted share. The company launched Cove Data Protection™ and N-hanced Services™, both aimed at empowering MSP partners. Additionally, N-able celebrated the successful adoption of its MarketBuilder tool by over 2,500 partners. Looking ahead, the company anticipates 7% revenue growth for the full year, despite macroeconomic challenges.