Welcome to our dedicated page for N-able news (Ticker: NABL), a resource for investors and traders seeking the latest updates and insights on N-able stock.
N-able, Inc. (Symbol: NABL) is a leading global provider of comprehensive IT management, automation, and MSP (Managed Service Provider) business transformation solutions. With its flagship product, the award-winning SolarWinds® N-able N-central®, the company offers an exceptional RMM (Remote Monitoring and Management) and MSP service automation platform that helps MSPs achieve true scalability by standardizing and automating the setup and delivery of IT services.
N-able's platform is supported by extensive business enablement services, ensuring MSPs can deliver scalable, flexible, and profitable managed services to over 100,000 small and medium-sized businesses (SMBs) worldwide. The company’s solutions are utilized by thousands of MSPs globally, underscoring its significant impact on the IT services management industry.
Headquartered in North America, with additional offices in the Netherlands and Australia, N-able is 100% channel-friendly and has strategic partnerships with industry giants such as Microsoft®, Intel®, IBM®, and Cisco®. These partnerships help bolster its credibility and enhance its technological offerings. N-able Inc. focuses on providing cloud-based software solutions that enable MSPs to support digital transformation and growth for SMBs through monitoring, managing, and protecting their end-customer systems, data, and networks.
Recent achievements of the company include a growing portfolio of management, security, automation, and data protection solutions that cater specifically to IT services management professionals. The majority of N-able's revenue comes from the United States, but it also maintains a significant presence in the United Kingdom and other international regions.
In the latest company news, N-able's former North American MSP channel head, Marco La Vecchia, was appointed Chief Revenue Officer (CRO) at Produce8, a digital work analytics platform. This move highlights N-able's influence in the MSP sector and its role in nurturing top industry talent. La Vecchia's departure to Produce8, which has seen rapid adoption by leading providers, signifies the ongoing evolution and expansion within the industry.
N-able has enhanced its Cove Data Protection offering by introducing the Standby Image feature to VMware ESXi, Hyper-V, and Microsoft Azure. This feature aims to provide cost-effective and flexible Disaster Recovery as a Service (DRaaS) for IT services providers and MSPs, aligning with N-able's Ecoverse vision. Cove's virtualized backup and disaster recovery capability automatically creates and maintains bootable virtual machine images, improving cyber resilience against ransomware and other disasters. The Standby Image feature allows quick recovery of business operations while preserving forensic data for cyber insurance purposes.
N-able (NYSE: NABL), a leading software provider for IT services, has partnered with MSPAlliance to help Managed Service Providers (MSPs) navigate cybersecurity compliance. Through MSPAlliance’s Cyber Verify Program, N-able partners can identify gaps, certify compliance, and offer Compliance-as-a-Service solutions to clients. The program, accessible globally, helps MSPs meet industry standards and adhere to cyber-regulations, enhancing their service delivery and generating recurring revenue. N-able partners will receive a 10% discount on the program until the end of the year. The partnership aims to empower MSPs with tools and resources to improve service quality and ensure IT immunity in case of cyberattacks.
N-able, a global software company (NYSE: NABL), announced that five of their female leaders have been honored on the CRN 2024 Women of the Channel (WOTC) list. These leaders include Kathleen Pai, Laura DuBois, Tracy Trottier, Laura Howie, and Stefanie Hammond, with Hammond also named to the Power 100 list. The WOTC list acknowledges women whose vision and leadership positively impact the tech industry. N-able's initiatives under these leaders include Head Nerds, MarketBuilder, and Cloud Commander. The recognition underscores N-able's commitment to innovation and diversity in the IT channel.
N-able, Inc. (NYSE:NABL) reported strong first-quarter 2024 results with a 14% increase in revenue year-over-year. The company raised its full-year 2024 revenue outlook to 10-11% growth and adjusted EBITDA margin to 35%. N-able continues to see broad-based demand, expand its product portfolio, and innovate while maintaining profitability.
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