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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 (NYSE:NABL) has announced a significant share repurchase program authorized by its Board of Directors. The program allows the company to repurchase up to $75 million of its common stock shares through open market or privately negotiated transactions.
The repurchase authorization has no expiration date, and the company maintains discretion over the timing and volume of purchases, subject to market conditions and regulatory requirements. CEO John Pagliuca expressed confidence in N-able's future opportunities and potential for creating long-term shareholder value while executing their strategic vision.
The program provides N-able with additional capital allocation flexibility while maintaining their ability to invest in long-term growth initiatives.
N-able (NYSE: NABL) has achieved Champion status in the 2025 Canalys Managed BDR Leadership Matrix for its Cove Data Protection solution for the second consecutive year. The company secured the highest momentum percentage among 2025 Champions, demonstrating excellence in channel and technology capability.
The recognition is based on three key criteria: analyst assessment, ecosystem feedback, and market share metrics. Cove Data Protection offers cloud-first backup and data protection for physical and virtual servers, workstations, and Microsoft 365® data through a single web-based dashboard.
According to Chris Groot, General Manager of Cove Data Protection, partners report that Cove is a 'game changer,' enabling higher service levels at a lower total cost of ownership. The company also received Champion Status in the 2024 Canalys RMM and PSA Leadership Matrix.
N-able (NYSE: NABL) has released its second annual MSP Horizons Report, revealing significant growth prospects for managed service providers (MSPs) globally. The research, conducted in partnership with Canalys, projects the IT managed services market to reach $610 billion by 2025, with channel partners contributing 98% of revenue.
Key findings show that 59% of MSPs expect 20%+ revenue growth in 2025, with almost 40% anticipating similar profit growth. Cybersecurity emerges as a primary growth driver, with 90% of respondents expecting security services growth in 2025. The report highlights that SaaS application backup (53%) and AI-powered backup and recovery (51%) are the most in-demand future managed services.
The study also reveals strong AI adoption, with only 6% of respondents not using generative AI. Additionally, 90% of surveyed MSPs express interest in M&A opportunities, primarily motivated by strategic growth tactics. The research, conducted from October to November 2024, gathered feedback from 451 B2B channel partners across multiple regions.
N-able (NYSE:NABL) reported strong Q4 and full-year 2024 results, exceeding revenue guidance. Q4 highlights include total revenue of $116.5 million (7.5% YoY growth) and subscription revenue of $115.0 million (8.5% YoY growth). Full-year 2024 achieved total revenue of $466.1 million (10.5% YoY growth) with subscription revenue reaching $459.0 million.
The company reported Q4 GAAP net income of $3.3 million ($0.02 per share) and adjusted EBITDA of $38.1 million (32.7% margin). For 2024, GAAP net income was $31.0 million ($0.16 per share) with adjusted EBITDA of $169.4 million (36.3% margin).
Notable developments include the acquisition of Adlumin, adding XDR and MDR capabilities to N-able's security platform. The company's 2025 outlook projects ARR of $514-522 million (7-9% YoY growth) and adjusted EBITDA margin of 27-28%.
N-able (NYSE: NABL) has announced its commitment to achieve Cybersecurity Maturity Model Certification (CMMC) 2.0 readiness for its N-central platform by the second half of 2025. The company outlined key milestones including the configuration of Alma Linux as N-central's new operating system aligned with CIS benchmarks, and enhanced audit logging security with SIEM integration.
The CMMC 2.0 level 2 ready version of N-central will provide partners an accelerated path towards meeting requirements, including a deployment guide for compliance with separated hosting requirements. N-able plans additional steps including NIST 800-171 attestation and increased FIPS encryption standards adoption.
The company currently holds SOC 2 Type II and HIPAA Type 1 attestation reports for core products and ISO 27001 certification for information security management systems.
N-able (NYSE:NABL), a global software company specializing in IT services provider solutions, has announced its upcoming 2025 Investor Day. The event is scheduled for Thursday, March 13, 2025, in New York City, running from 9:00 a.m. ET to approximately 12:00 p.m. ET.
The Investor Day will feature presentations from N-able's leadership team and include a live Q&A session. While in-person attendance is available with space (interested parties should contact ir@n-able.com), the event will also be accessible via live webcast on the company's Investor Relations website. A replay of the event will be made available shortly after its conclusion.
N-able (NYSE: NABL) is marking the five-year milestone of its Head Nerds program, an initiative that provides IT services providers with expert guidance through personalized support. The program has achieved significant milestones, including 36,542 webinar attendees, 146,120 blog views, and 373,235 views on their automation cookbook containing over 875 scripts.
The company has announced the addition of Ben Lee as their new Head Nerd, focusing on Microsoft support and expertise. Lee brings over 15 years of Microsoft experience and holds MVP status. The Head Nerds program offers customized courses in automation, backup, business management, monitoring, operations, and security through Boot Camps and Office Hours.
N-able will showcase the Head Nerds program at their upcoming partner conference, Empower Berlin, scheduled for April 7-9, 2025.
N-able (NYSE:NABL), a global software company specializing in IT services provider solutions, has announced its upcoming fourth quarter and full-year 2024 earnings conference call. The call is scheduled for March 3, 2025, at 8:30 a.m. ET. The company will release its earnings report before the conference call begins.
Investors can access a live webcast of the call through the N-able Investor Relations website at investors.n-able.com. A temporary replay of the webcast will be made available after the event.
N-able (NYSE: NABL) reported a successful implementation of its Adlumin Managed Detection and Response (MDR) solution at Ventnor City, New Jersey. The solution demonstrated its effectiveness by thwarting a cyberattack within six hours of deployment, specifically protecting the city's police department from thousands of attempted intrusions.
Ventnor City implemented multiple N-able solutions including N-sight, Adlumin MDR, Cove Data Protection, and Endpoint Detection and Response (EDR) across eight locations, covering approximately 200 endpoints. The MDR solution utilizes artificial intelligence to detect threats and features both automated and human response capabilities for swift threat mitigation.
The system's 24/7 monitoring capability proved crucial, as it detected and isolated a compromised workstation at 3:30 AM, preventing potential network damage.
N-able (NYSE: NABL) announced that five members of its global channel leadership team have been named to CRN's 2025 Channel Chiefs list. David Weeks, VP of Partner Experience, was selected as one of the 50 Most Influential Channel Chiefs for the third consecutive year. The recognized N-able executives include Frank Colletti (EVP and Chief Revenue Officer), David Weeks (VP, Partner Experience), Leo Sanchez (VP, Support and Services), and following the recent Adlumin acquisition, Jim Adams (VP, Sales) and Chris Joe (Director, Sales).
The Channel Chiefs list, published annually by CRN, recognizes top IT channel ecosystem leaders who demonstrate excellence in partner and customer success. The honorees will be featured in CRN Magazine's February 2025 issue and on CRN.com.