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BURLINGTON, Mass. -On Monday, N-able, Inc. (NYSE:NABL) reported fourth quarter earnings and revenue that beat expectations.
The company’s shares plunged -5.78% in premarket trading following the release, as guidance came in below analyst estimates.
The IT services software provider posted adjusted earnings per share of $0.10, topping the consensus forecast of $0.08. Revenue grew 7.5% YoY to $116.5 million, exceeding expectations of $113.71 million.
However, N-able’s outlook for 2025 fell short of Wall Street projections. The company expects first quarter revenue between $115-116 million, below the $120.4 million analysts were anticipating. For the full year 2025, N-able forecasts revenue of $486.5-492.5 million, also missing the consensus estimate of $512.2 million.
"We closed 2024 in a position of strength and we believe we are poised for even greater success in 2025," said N-able CEO John Pagliuca. "Businesses everywhere need cyber-resilience, and we are investing to further our security leadership, deepen our channel partnerships, and deliver the critical protection our customers deserve."
N-able’s fourth quarter revenue rose 7.5% YoY on a constant currency basis.
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