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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.
N-able, Inc. (NYSE:NABL), a software firm, forecasts a revenue growth of 10% to 11% for full-year 2023, boosted by a 7% subscription revenue increase in Q4 2022. Total revenue reached $95.8 million in Q4, reflecting a 7% year-over-year growth. The company's adjusted EBITDA margin for the fourth quarter was 32.6%, with total revenue for the year at $371.8 million, also a 7% growth. N-able emphasizes its resilience in the market and plans to enhance offerings further, capitalizing on its position within the managed service provider (MSP) sector. With a strong cash balance of $98.8 million, N-able is poised for strategic investments in 2023.
N-able will host five live events in partnership with SentinelOne from March 2 to March 16, spanning New York, London, Amsterdam, Johannesburg, and Cape Town. The events aim to provide partners with updates on security features, partner resources, and a session with a cyber insurance underwriter covering essential requirements for MSP businesses. Participants will also engage in peer-sharing discussions about transitioning to SentinelOne’s services. This roadshow enhances partner engagement and addresses significant cybersecurity trends, particularly amidst increasing ransomware attacks.
N-able has introduced Managed Endpoint Detection and Response (Managed EDR), a service designed to assist Managed Service Providers (MSPs) with threat monitoring and response. This offering leverages SentinelOne's 24/7 security operations center to enhance existing security measures for MSPs using N-able’s Endpoint Detection and Response technology. The launch addresses the growing global security workforce gap, estimated to require an additional 3.4 million cybersecurity professionals. Managed EDR enables MSPs to allocate resources efficiently, thereby focusing on strategic initiatives while improving protection against cyber threats.
N-able, Inc. (NYSE: NABL) will host its Empower conference at the Prague Congress Centre from May 9-11. The event aims to facilitate networking and provide over 30 hours of educational content focused on assisting Managed Service Providers (MSPs) in scaling their businesses. Attendees will benefit from a keynote by cybersecurity expert Keren Elazari and access to N-able executives for key insights on business strategies and partner initiatives. This conference is a continuation of N-able's commitment to empower MSPs to manage their cloud journey effectively.
N-able, Inc. (NYSE:NABL), a leading global software provider, has announced a conference call to discuss its financial results for Q4 and the full year 2022, scheduled for February 23, 2023, at 8:30 a.m. ET. The earnings release highlighting these results will precede the call. Investors can access a live webcast via the N-able Investor Relations website. N-able specializes in offering IT services providers robust solutions for remote monitoring, management, data protection, and security.
This event aims to provide insights into N-able’s performance and future outlook.
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N-able (NYSE: NABL) ends 2022 highlighting its partner-focused achievements, including substantial cost savings and improved security measures. The launch of Cove Data Protection™ has benefited over 12,700 partners, securing data for more than 148,000 businesses. The company mitigated over 14 billion malicious emails and blocked 11.5 million threats. Furthermore, N-able's MarketBuilder helped MSP partners generate over 6,700 leads. CEO John Pagliuca emphasizes the importance of managed services amidst economic challenges, anticipating stronger partner growth in 2023.
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N-able, Inc. (NYSE: NABL), a global software leader for IT services providers, is expanding its distributor network to enhance support for Managed Service Providers (MSPs) and IT resellers. This initiative, announced during a recent conference in Salzburg, Austria, has increased distributors to over 80 across 50 countries, reaching approximately 6,500 MSPs. The conference celebrated distributor achievements and emphasized the importance of localized support and training resources to drive growth and service efficiency.
N-able, Inc. (NYSE:NABL), a software company for IT services providers, will participate in three investor conferences in November 2022. The events include a Fireside Chat on November 15 at the Needham Virtual Security Conference, one-on-one meetings at the RBC Capital Markets Technology Conference on November 16, and further meetings at the Credit Suisse Technology Conference on November 29-30 in Scottsdale, AZ. Interested parties can access the live webcast on N-able's Investor Relations website.