Welcome to our dedicated page for N-Able news (Ticker: NABL), a resource for investors and traders seeking the latest updates and insights on N-Able stock.
N-able, Inc. (NYSE: NABL) generates a steady stream of news centered on cybersecurity, IT management, and business resilience. As a global software company delivering an end-to-end cyber resilience platform, its announcements often highlight new product capabilities, threat research, partner programs, and financial performance that matter to MSPs, IT professionals, and investors.
Readers of this news feed can expect coverage of product and platform updates, such as enhancements to N-central unified endpoint management, the launch of Anomaly Detection as a Service within Cove Data Protection, and initiatives like Cat-MIP, which aims to standardize terminology for AI-driven automation across IT ecosystems. News also includes developments in security operations, including Adlumin XDR and MDR services and programs like the Cyber Warranty Program designed to add financial protection around cyber incidents.
N-able frequently shares customer and partner stories, for example how its cyber resiliency platform helped a regional CPA firm recover from a ransomware attack in under 24 hours. The company also issues event and thought leadership updates, such as its Cyber Resilience Summit, Empower customer events, and the Annual Threat Report that examines trends in attacks on small and mid-market businesses.
In addition, the news flow includes financial and corporate disclosures, including quarterly earnings results, outlook commentary, and board-level changes reported in press releases and related SEC filings. For anyone tracking NABL, this page offers a centralized view of how N-able is evolving its cyber resilience offerings, engaging with partners, and responding to the changing threat landscape. Investors and IT professionals may wish to revisit regularly to follow new releases and company milestones.
N-able (NYSE: NABL) and SentinelOne (NYSE: S) announced the rapid adoption of SentinelOne's EDR technology by N-able's partners, replacing outdated antivirus systems to enhance cybersecurity measures.
This shift responds to increasing cybersecurity threats, such as zero-day attacks and ransomware, especially in hybrid work environments.
SentinelOne EDR offers real-time detection, rapid rollback features, and AI-driven protection, which are critical for safeguarding over one million endpoints managed by N-able partners.
N-able, Inc. (NYSE: NABL) reported significant uptake of its N-able Backup for Microsoft 365, with over 4,000 partners using it to protect 25,000+ customer domains since its launch in December 2019. The solution automates backup processes for Exchange, OneDrive, and SharePoint, highlighting the rising necessity for SaaS backup solutions amid growing data loss risks. A recent report shows a 33% increase in organizations losing cloud-resident data. N-able stresses that this backup is now a requirement, reflecting a shift in market awareness from optional to essential services.
N-able, Inc. (NYSE:NABL) will report its fourth-quarter financial results on February 24, 2022, at 8:30 a.m. ET. A live conference call will be available for investors, along with a webcast on the company's Investor Relations website. N-able plans to participate in upcoming investor conferences, including the Berenberg Thematic Software Conference on March 2 and the William Blair Tech Innovators Conference on March 15. This follows their strategy to empower managed services providers through a flexible technology platform aimed at navigating digital evolution.
N-able (NYSE: NABL) has announced significant growth in its Technology Alliance Program (TAP), adding over 25 partners in 2021, with a focus on security solutions. The collaboration includes major tech firms like Cisco and Sophos, bringing the total partners to 65. This initiative aligns with IDC’s prediction of increased industry collaboration by 2023. The program aims to empower managed services providers (MSPs) with essential tools and training, enhancing their service offerings to clients.
N-able (NYSE: NABL) has appointed Chris Groot as General Manager and Stefan Voss as VP of Product Management to enhance its data protection services. These leadership changes aim to bolster N-able's strategy in the rapidly expanding Data Protection-as-a-Service (DPaaS) market, projected to grow from $7.7B in 2020 to $15.3B by 2024. The company emphasizes a cloud-first approach, providing streamlined backup solutions that simplify data protection for managed services providers (MSPs) while aiming to reduce downtime and costs for customers.
N-able has appointed Charles Mangin as the new Head Mac Nerd, enhancing support for managed services providers (MSPs) managing Mac devices. With over two decades of experience, Mangin will help address security vulnerabilities associated with unmanaged Macs. N-able's Head Nerds program, which includes experts in various tech fields, has significantly improved partner engagement, welcoming over 7,500 partners in 2021 alone. The initiative supports MSPs through education and resources, contributing to their business growth and success in a rapidly evolving digital landscape.
N-able, Inc. (NYSE:NABL) reported a strong third quarter, with total revenue reaching $88.4 million, reflecting a 16% year-over-year growth. Subscription revenue increased 17% to $86.1 million, bolstered by a 110% dollar-based net retention rate and a 25% rise in large customers contributing $50K ARR or more. The company achieved a GAAP net income of $1.9 million ($0.01 per share) and a non-GAAP net income of $17.2 million ($0.10 per share). N-able's cash and equivalents stood at $61.6 million, with total debt at $339.3 million.
N-able, Inc. (NYSE: NABL) has expanded its board by appointing Ann Johnson, Microsoft’s corporate vice president of security, compliance, and identity, as a director. A new cybersecurity committee has also been formed, aiming to enhance the company’s focus on protecting partners and mitigating cybersecurity risks. Johnson joins current directors Darryl Lewis and Cam McMartin on the committee. The board, led by chair William Bock, emphasizes a commitment to higher standards in cybersecurity. This strategic move is part of N-able’s ongoing evolution to empower managed services providers (MSPs).
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