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N-able, Inc. - NABL STOCK NEWS

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.

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N-able, Inc. (NABL) receives Cigna Healthcare's 2023 Gold level Healthy Workforce Designation for its commitment to employee health and vitality. The company launched a Wellness page offering resources for physical, mental, financial, and social well-being. The program includes meditation sessions, healthy meals education, and financial wellness workshops. N-able's Global Employee Assistance Program is available in local languages. Vitality is crucial for health, work/life engagement, and business growth. Employers can boost vitality through comprehensive well-being programs. Cigna recognizes organizations like N-able for their efforts in prioritizing employee health and engagement.
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N-able, Inc. (NABL) enhances its Technology Alliance Program (TAP) by adding new vendor alliances to provide MSPs with more robust integrations and services. The program aims to accelerate innovation, improve security, and offer flexibility to MSPs worldwide.
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N-able, Inc. (NABL) reported strong financial performance for 2023 with a 13.5% increase in revenue year-over-year. The company's full-year 2024 outlook includes a 9-10% revenue growth and an adjusted EBITDA margin of 34-35%. Fourth quarter highlights show total revenue of $108.4 million, a 13.2% increase year-over-year, with subscription revenue of $106.1 million. N-able also introduced new security and automation solutions and received industry recognition. The company's balance sheet shows total cash of $153.0 million and total debt of $335.0 million as of December 31, 2023.
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N-able, Inc. (NABL) will host a conference call to discuss its financial results for the fourth quarter and full year 2023 on February 22, 2024. The company offers remote monitoring and management, data protection as-a-service, and security solutions for IT services providers. The live webcast will be available on the N-able Investor Relations website, with a replay available shortly after the event.
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Produce8 announced the appointment of Marco La Vecchia as Chief Revenue Officer (CRO) to lead growth strategy, sales, alliances, marketing, and customer success. La Vecchia brings extensive experience from N-able (NYSE: NABL), AVG, and Fully Managed (FM) by TELUS Business. The company also recently hired Janice Siddons as Chief Operating Officer, aiming for expansion in Ottawa. La Vecchia plans to increase sales and marketing efforts in 2024 to MSPs and other channels, leveraging the rapid adoption of Produce8's digital work analytics platform in the MSP market since mid-2023.
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N-able, Inc. (NYSE: NABL) has launched its MSP Horizons Report in partnership with Canalys, offering insights into the future trends shaping the MSP market. The report features quantitative data and interview excerpts, providing actionable insights for MSPs and their businesses. The research was unveiled at the Beyond the Horizons event, featuring N-able President and CEO, John Pagliuca, Canalys Chief Analyst, Jay McBain, and N-able CTPO Mike Adler.
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N-able, Inc. (NYSE: NABL) has launched N-able Managed Detection and Response (MDR), a new addition to its security suite, providing deep visibility and collaboration for managed services providers (MSPs) to set a new standard of cybersecurity for their small and mid-sized customers. The solution integrates with existing security and IT tools, uses artificial intelligence to surface threats, and offers automated and human response capabilities. N-able MDR is expected to address the global shortage of qualified cybersecurity professionals, creating significant opportunity for MSPs. The offering is available immediately for partners in North America, with plans to expand to other regions in the future.
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N-able, Inc. (NYSE: NABL) announces new updates to its RMM platform N-central, including advanced management capabilities for iOS and macOS devices, improved analytics and reporting, deeper integration of security and backup solutions, and generative AI for script automation. The enhancements aim to deliver profitability and efficiency for IT professionals and their customers.
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N-able, Inc. (NYSE: NABL) announces Cove Data Protection™ for Microsoft 365® now offers additional protection for Microsoft Teams, including backup and recovery of teams, members, settings, and files. The solution is fully automated and performed several times a day, catering to the needs of MSPs and internal IT organizations. The press release highlights the importance of Microsoft Teams in the modern workplace and features testimonials from WSB Solutions. N-able's solution has been recognized by Canalys and DCIG, positioning the company as a leader in the market.
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N-able, Inc. (NYSE:NABL) Reports Strong Third Quarter 2023 Results and Raises Full-Year Revenue and Adjusted EBITDA Outlook
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FAQ

What is the current stock price of N-able (NABL)?

The current stock price of N-able (NABL) is $10.28 as of November 21, 2024.

What is the market cap of N-able (NABL)?

The market cap of N-able (NABL) is approximately 1.9B.

What does N-able, Inc. do?

N-able, Inc. provides IT management, automation, and MSP business transformation solutions through products like the SolarWinds® N-able N-central® platform.

What is the N-central platform?

The N-central platform is an award-winning RMM and MSP service automation platform that helps MSPs standardize and automate IT service delivery.

What are some recent achievements of N-able, Inc.?

Recent achievements include a growing portfolio of management, security, automation, and data protection solutions tailored for IT service management professionals.

Who are N-able's strategic partners?

N-able has strategic partnerships with major tech companies like Microsoft®, Intel®, IBM®, and Cisco®.

Where is N-able headquartered?

N-able is headquartered in North America with additional offices in the Netherlands and Australia.

What is N-able's primary source of revenue?

The majority of N-able's revenue comes from the United States, but it also has a presence in the United Kingdom and other international regions.

How many SMBs do N-able's solutions serve?

N-able's solutions are used to deliver managed services to over 100,000 SMBs worldwide.

What is the significance of N-able being 100% channel-friendly?

Being 100% channel-friendly means N-able works exclusively through partners, ensuring strong industry relationships and support for MSPs.

How does N-able support digital transformation?

N-able provides cloud-based software solutions that enable MSPs to monitor, manage, and protect end-customer systems, data, and networks, facilitating digital transformation.

What recent executive move involved N-able's talent?

Marco La Vecchia, former North American MSP channel head at N-able, was appointed Chief Revenue Officer at Produce8, highlighting N-able's influential industry presence.

N-able, Inc.

NYSE:NABL

NABL Rankings

NABL Stock Data

1.91B
68.30M
1.2%
97.43%
0.53%
Information Technology Services
Services-prepackaged Software
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United States of America
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