2023-08-10 07:18:14 ET
- N-able press release ( NYSE: NABL ): Q2 Non-GAAP EPS of $0.09 beats by $0.02 .
- Revenue of $106.1M (+15.8% Y/Y) beats by $3.27M .
- Adjusted EBITDA of $34.9 million, up approximately 26% year-over-year, representing an adjusted EBITDA margin of 32.9%.
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Financial Outlook for the Third Quarter of 2023
N-able management currently expects to achieve the following results for the third quarter of 2023:
- Total revenue in the range of $106.5 to $107.0 million vs. consensus of $105.01M, representing approximately 14% year-over-year growth, or approximately 12% to 13% growth on a constant currency basis.
- Adjusted EBITDA in the range of $34.5 to $35.0 million, representing approximately 32% to 33% of total revenue.
Financial Outlook for Full-Year 2023
N-able management currently expects to achieve the following results for the full-year 2023:
- Total revenue in the range of $419.5 to $421.0 million vs. consensus of $415.69M, representing approximately 13% year-over-year growth on both a reported and constant currency basis.
- Adjusted EBITDA in the range of $135.5 to $137.0 million, representing approximately 32% to 33% of total revenue.
For further details see:
N-able beats Q2 top and bottom line estimates; initiates Q3 and raises FY23 outlook