N-able Shares Rise After Q1 Results Beat Analysts' Expectations
N-able shares rose over 6% after reporting Q1 results that exceeded analysts' expectations. The company posted a non-GAAP net income of $0.08 per diluted share, beating the expected $0.07, although down from $0.11 a year prior. Revenue for Q1 was $118.2 million, surpassing the anticipated $115.6 million. N-able forecasts Q2 revenue between $125.5 and $126.5 million, above the expected $122.8 million, and raised its 2025 revenue guidance to $492 million to $497 million, compared to the previous estimate of $486.5 million to $492.5 million.
N-able shares were up more than 6% in recent trading on Thursday after the company reported Q1 non-GAAP net income and revenue that beat analysts' consensus.
Q1 non-GAAP net income was $0.08 per diluted share, down from $0.11 a year earlier.
Analysts polled by FactSet expected $0.07.
Revenue for the quarter ended March 31 was $118.2 million, up from $113.7 million a year earlier.
Analysts surveyed by FactSet expected $115.6 million.
The company said it expects Q2 total revenue of $125.5 to $126.5 million. Analysts surveyed by FactSet expect $122.8 million.
N-able said it now expects 2025 total revenue of $492 million to $497 million. That compares with its previous guidance of $486.5 million to $492.5 million. Analysts polled by FactSet expect $490.2 million.
