N-able, Inc. Provides Revenue Guidance for the Fourth Quarter and Full-Year 2023
November 13, 2023 at 07:00 am EST
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N-able, Inc. provided revenue guidance for the fourth quarter and full-year 2023. For the quarter, the company expects total revenue in the range of $106.5 to $107.0 million, representing approximately 11% to 12% year-over-year growth, or approximately 10% to 11% growth on a constant currency basis.
For the full-year, the company expects total revenue in the range of $420.0 to $420.5 million, representing approximately 13% year-over-year growth on both a reported and 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.