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, Inc. (NYSE:NABL), a leading global software company, is set to host a conference call on May 10, 2023, at 8:30 a.m. ET, to discuss its first quarter financial results. The earnings release will be issued prior to the call, highlighting key metrics. Investors can access a live webcast on the company's Investor Relations website, with a replay available shortly after. N-able specializes in providing IT services providers with solutions for remote monitoring, management, data protection, and security, emphasizing a scalable platform to support diverse IT ecosystems.
N-able, a global software company, has appointed Frank Colletti, EVP of Worldwide Sales, to the EMEA Vendor Advisory Council (VAC) of the Global Technology Distribution Council (GTDC). The GTDC represents leading technology distributors globally, facilitating approximately $150B in annual sales. Colletti aims to enhance partnerships with Managed Service Providers (MSPs) and distributors, emphasizing the importance of collaboration amidst industry challenges. N-able's strong distribution network of over 80 partners is integral to its growth strategy. The GTDC EMEA Summit is scheduled for June 13-14 in the Netherlands.
N-able, Inc. (NYSE:NABL), a software firm, forecasts a revenue growth of 10% to 11% for full-year 2023, boosted by a 7% subscription revenue increase in Q4 2022. Total revenue reached $95.8 million in Q4, reflecting a 7% year-over-year growth. The company's adjusted EBITDA margin for the fourth quarter was 32.6%, with total revenue for the year at $371.8 million, also a 7% growth. N-able emphasizes its resilience in the market and plans to enhance offerings further, capitalizing on its position within the managed service provider (MSP) sector. With a strong cash balance of $98.8 million, N-able is poised for strategic investments in 2023.
N-able will host five live events in partnership with SentinelOne from March 2 to March 16, spanning New York, London, Amsterdam, Johannesburg, and Cape Town. The events aim to provide partners with updates on security features, partner resources, and a session with a cyber insurance underwriter covering essential requirements for MSP businesses. Participants will also engage in peer-sharing discussions about transitioning to SentinelOne’s services. This roadshow enhances partner engagement and addresses significant cybersecurity trends, particularly amidst increasing ransomware attacks.
N-able has introduced Managed Endpoint Detection and Response (Managed EDR), a service designed to assist Managed Service Providers (MSPs) with threat monitoring and response. This offering leverages SentinelOne's 24/7 security operations center to enhance existing security measures for MSPs using N-able’s Endpoint Detection and Response technology. The launch addresses the growing global security workforce gap, estimated to require an additional 3.4 million cybersecurity professionals. Managed EDR enables MSPs to allocate resources efficiently, thereby focusing on strategic initiatives while improving protection against cyber threats.
N-able, Inc. (NYSE: NABL) will host its Empower conference at the Prague Congress Centre from May 9-11. The event aims to facilitate networking and provide over 30 hours of educational content focused on assisting Managed Service Providers (MSPs) in scaling their businesses. Attendees will benefit from a keynote by cybersecurity expert Keren Elazari and access to N-able executives for key insights on business strategies and partner initiatives. This conference is a continuation of N-able's commitment to empower MSPs to manage their cloud journey effectively.
N-able, Inc. (NYSE:NABL), a leading global software provider, has announced a conference call to discuss its financial results for Q4 and the full year 2022, scheduled for February 23, 2023, at 8:30 a.m. ET. The earnings release highlighting these results will precede the call. Investors can access a live webcast via the N-able Investor Relations website. N-able specializes in offering IT services providers robust solutions for remote monitoring, management, data protection, and security.
This event aims to provide insights into N-able’s performance and future outlook.
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