N-Able, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022
May 12, 2022 at 07:00 am EDT
Share
N-able, Inc. provided earnings guidance for the second quarter and full year 2022. For the quarter, the company expects total revenue in the range of $91.0 to $91.5 million, representing approximately 7% year-over-year growth, or approximately 13% growth on a constant currency basis.
For the year, the company expects total revenue in the range of $376 to $379 million, representing 9% year-over-year growth, or 13% to 14% year-over-year growth on a constant currency basis.
N-able, Inc. is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises (SMEs). The Companyâs platform consists of three core solution categories: remote monitoring and management, security solutions, and data protection as-a-service. Its remote monitoring and management capabilities include real-time availability and performance of networks and devices and automation of policies and workflows. The Company provides a layered security approach spanning network and systems infrastructure, applications, and end user devices through its data protection, patch management, endpoint security, web protection, e-mail security and archiving and vulnerability assessment solutions. The Company also provides cloud-based remote monitoring and management, security solutions, and data protection as-a-service that are integrated within its technology platform.