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N-able (NABL) Stock News, Mar-May 2024

NABL NYSE

N-able, Inc. reports developments in cybersecurity software and business-resilience services for managed service providers, IT teams and small and midsize business environments. Company news commonly covers earnings results, annual recurring revenue trends, financial outlook, platform adoption and product expansion across security, automation, unified endpoint management and data protection.

Recurring operating updates include AI-powered cybersecurity capabilities, Security Operations Center enhancements, Adlumin Managed Detection and Response, N-central and N-sight unified endpoint management, Cove Data Protection, disaster recovery services and Technology Alliance Program integrations. News also addresses customer and partner enablement, incident-response automation and the company’s use of AI to support IT operations and cyber defense workflows.

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N-able (NYSE: NABL), a leading software provider for IT services, has partnered with MSPAlliance to help Managed Service Providers (MSPs) navigate cybersecurity compliance. Through MSPAlliance’s Cyber Verify Program, N-able partners can identify gaps, certify compliance, and offer Compliance-as-a-Service solutions to clients. The program, accessible globally, helps MSPs meet industry standards and adhere to cyber-regulations, enhancing their service delivery and generating recurring revenue. N-able partners will receive a 10% discount on the program until the end of the year. The partnership aims to empower MSPs with tools and resources to improve service quality and ensure IT immunity in case of cyberattacks.

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N-able, a global software company (NYSE: NABL), announced that five of their female leaders have been honored on the CRN 2024 Women of the Channel (WOTC) list. These leaders include Kathleen Pai, Laura DuBois, Tracy Trottier, Laura Howie, and Stefanie Hammond, with Hammond also named to the Power 100 list. The WOTC list acknowledges women whose vision and leadership positively impact the tech industry. N-able's initiatives under these leaders include Head Nerds, MarketBuilder, and Cloud Commander. The recognition underscores N-able's commitment to innovation and diversity in the IT channel.

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N-able, Inc. (NYSE:NABL) reported strong first-quarter 2024 results with a 14% increase in revenue year-over-year. The company raised its full-year 2024 revenue outlook to 10-11% growth and adjusted EBITDA margin to 35%. N-able continues to see broad-based demand, expand its product portfolio, and innovate while maintaining profitability.

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FAQ

What is the current stock price of N-able (NABL)?

N-able (NABL) last closed at $5.12.

What is the market cap of N-able (NABL)?

The market cap of N-able (NABL) is approximately $967.2M.