N-able, Inc. - NABL STOCK NEWS

N-able, Inc. (NYSE: NABL), a global software leader for IT services providers, is expanding its distributor network to enhance support for Managed Service Providers (MSPs) and IT resellers. This initiative, announced during a recent conference in Salzburg, Austria, has increased distributors to over 80 across 50 countries, reaching approximately 6,500 MSPs. The conference celebrated distributor achievements and emphasized the importance of localized support and training resources to drive growth and service efficiency.

N-able, Inc. (NYSE:NABL), a software company for IT services providers, will participate in three investor conferences in November 2022. The events include a Fireside Chat on November 15 at the Needham Virtual Security Conference, one-on-one meetings at the RBC Capital Markets Technology Conference on November 16, and further meetings at the Credit Suisse Technology Conference on November 29-30 in Scottsdale, AZ. Interested parties can access the live webcast on N-able's Investor Relations website.

N-able (NYSE:NABL) raised its full-year 2022 Adjusted EBITDA outlook to 30% while maintaining a revenue growth forecast of 7% year-over-year, or 12% to 13% in constant currency. The company reported Q3 2022 total revenue of $93.5 million, reflecting a 6% increase year-over-year, and a subscription revenue of $91.2 million. With a GAAP net income of $0.3 million and adjusted EBITDA of $28.8 million, N-able emphasizes strong growth in security and data protection services. The firm also launched new products to enhance its offerings for managed service providers (MSPs).

N-able, Inc. (NYSE: NABL) has appointed Troels Rasmussen as General Manager of Security Products. With over four years at N-able, Rasmussen will guide the strategic direction of their security portfolio, which includes solutions like Endpoint Detection and Response and DNS Filtering. This move aims to enhance N-able's support for Managed Service Providers (MSPs) in their fight against escalating cyber threats, especially given that 90% of MSPs reported an increase in attacks since the pandemic. The focus is on delivering comprehensive security across the entire lifecycle for better protection.

N-able, Inc. (NYSE:NABL), a global software company, announced it will report its financial results for Q3 2022 on November 10, 2022. A conference call will follow at 8:30 a.m. ET the same day to discuss these results. Interested parties can access the live webcast through the N-able Investor Relations website and a replay will be available shortly after the event. N-able's software solutions empower IT service providers to manage and secure their customers’ IT systems and data effectively.

N-able, Inc. (NYSE: NABL) has appointed Mike Cullen as the general manager of RMM. With over 30 years of experience in the MSP industry, Cullen will guide the strategic direction of N-able's RMM platforms. This shift aims to enhance partner-led innovation and align N-able's offerings to better meet the needs of both new and established MSPs. CEO John Pagliuca emphasized the importance of trust and collaboration in driving future growth, and Cullen's role will focus on integrating partner feedback into N-able's development process.

N-able (NYSE: NABL) has launched a new feature, Private Portal, to enhance email security for sensitive business communications. This feature is provided free with the Mail Assure product, notifying recipients of critical emails and allowing them to view and reply to these within a secure environment. The emails are encrypted and automatically deleted after 30 days, protecting against potential data breaches. In addition, a new integration with the Splunk platform enhances message audit capabilities. This reflects N-able's commitment to offering robust security solutions amid rising cyber threats.