N-able (NABL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.
I recommend a hold rating for N-able due to uncertain near-term performance despite positive long-term growth potential. NABL's Q4 results exceeded expectations, with 7.5% y/y revenue growth and strong subscription revenue, but gross margins declined, indicating pricing pressures. The acquisition of Adlumin expands NABL's market reach and strengthens its XDR and MDR offerings, crucial for future growth amidst rising cyber threats.
N-able, Inc. (NYSE:NABL ) Q4 2024 Earnings Conference Call March 3, 2025 8:30 AM ET Company Participants Griffin Gyr - Investor Relations Manager John Pagliuca - President & Chief Executive Officer Tim O'Brien - Executive Vice President, Chief Financial Officer & Principal Conference Call Participants Mike Cikos - Needham Brian Essex - JPMorgan Matt Hedberg - RBC Keith Bachman - BMO Joe Vandrick - Scotiabank Operator Hello, and welcome everyone to the N-able Fourth Quarter 2024 Earnings Call. My name is Becky, and I'll be your operator today.
N-able (NABL) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.11 per share a year ago.
N-able is currently facing significant transitionary headwinds, including pricing pressure and contract duration shifts, which are impacting its near-term growth outlook. I believe the market is primarily focused on the near-term growth outlook, leading to a valuation decline despite the company's positive medium-term growth potential. Given the current market dynamics and near-term challenges, a hold rating is recommended for N-able. Investors should wait for positive signs of growth inflection before considering a more bullish stance.
N-able (NABL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
N-able, Inc. (NYSE:NABL ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Griffin Gyr - Investor Relations Manager John Pagliuca - President and Chief Executive Officer Tim O'Brien - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Essex - JPMorgan Michael Richards - RBC Capital Markets Jason Ader - William Blair Michael Cikos - Needham & Company Operator Hello, everyone, and welcome to the N-able Third Quarter 2024 Earnings Call. My name is Chach, and I'll be coordinating your call today.
N-able (NABL) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago.
N-able (NABL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
I still recommend a hold rating for N-able. I have concerns about the transition to long-term contracts impacting growth rates and margins. Valuation still high compared to peers, which means there is potential for multiples to go down if growth disappoints.
N-able, Inc. (NYSE:NABL ) Q2 2024 Earnings Call Transcript August 8, 2024 8:30 AM ET Company Participants Griffin Gyr - Investor Relations John Pagliuca - President and Chief Executive Officer Tim O'Brien - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Richards - RBC Capital Markets Jason Ader - William Blair Charlotte Bedick - J.P. Morgan Mike Cikos - Needham Operator Welcome to the N-able Second Quarter 2024 Earnings Call.
N-able (NABL) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.09 per share a year ago.