N-able delivered solid Q4-24 results, surpassing revenue expectations. Subscription revenue growth and the Adlumin acquisition strengthened its cybersecurity offerings. Profitability was stable, with strong margins.
N-able reported total revenue of $116.4 million, an 8.3% year-over-year increase, with subscription revenue reaching $115.0 million, a 9.3% year-over-year increase. GAAP net income was $10.8 million, or $0.06 per diluted share, while non-GAAP net income was $24.3 million, or $0.13 per diluted share. The adjusted EBITDA stood at $44.8 million, representing a 38.5% margin.
N-able's second quarter performance showed a 13% year-over-year increase in revenue. The company raised its full-year revenue and adjusted EBITDA margin outlook. Subscription revenue grew by 13.6% year-over-year, and adjusted EBITDA increased by 34.1%.
N-able reported a strong start to 2024, exceeding guidance on both revenue and adjusted EBITDA. Total revenue reached $113.7 million, a 14% year-over-year increase. The company raised its full-year constant currency revenue and adjusted EBITDA margin outlooks.
N-able reported strong Q4 2023 results with total revenue of $108.4 million, representing 13.2% year-over-year growth. The company's GAAP net income was $9.4 million, or $0.05 per diluted share, and non-GAAP net income was $19.8 million, or $0.11 per diluted share. Adjusted EBITDA was $39.2 million, representing an adjusted EBITDA margin of 36.2%.
N-able reported strong third-quarter results, with total revenue of $107.6 million, representing approximately 15.0% year-over-year growth. The company's adjusted EBITDA was $36.6 million, up approximately 27% year-over-year, representing an adjusted EBITDA margin of 34.0%. N-able is maintaining its full-year 2023 revenue growth outlook of 13% year-over-year and raised its full-year 2023 adjusted EBITDA outlook to $139.2 - $139.7 Million with Adjusted EBITDA Margin of 33%.
N-able reported a strong second quarter with total revenue of $106.1 million, representing approximately 16% year-over-year growth. GAAP net income was $4.5 million, or $0.02 per diluted share, and non-GAAP net income was $16.3 million, or $0.09 per diluted share. Adjusted EBITDA was $34.9 million, representing an adjusted EBITDA margin of 32.9%.
N-able reported strong Q1 2023 results with total revenue of $99.8 million, representing approximately 10% year-over-year growth. The company exceeded both revenue and adjusted EBITDA outlook, and raised full-year 2023 constant currency revenue and adjusted EBITDA outlook.
N-able reported strong financial results for Q4 2022, with total revenue of $95.8 million, representing approximately 7% year-over-year growth, and an adjusted EBITDA of $31.2 million, representing an adjusted EBITDA margin of 32.6%.
N-able announced strong third-quarter results, exceeding expectations for both revenue and profit. The company's strategy is on track, with offerings in RMM, data protection, and security leading the market. N-able is focused on helping partners manage and secure their businesses while accelerating growth.
N-able reported Q2 2022 total revenue of $91.6 million, representing approximately 7% year-over-year growth. GAAP net income was $4.3 million, or $0.02 per diluted share, and non-GAAP net income was $16.0 million, or $0.09 per diluted share. Adjusted EBITDA was $27.6 million, representing an adjusted EBITDA margin of 30.1%.
N-able announced its Q4 and Full-Year 2021 results, with subscription revenue increasing 13% year-over-year (14% in constant currency). The company's trailing twelve months dollar-based net retention rate remained consistent at 110%.
N-able reported a total revenue of $88.4 million, representing a 16% year-over-year increase. Subscription revenue grew by approximately 17% year-over-year. The company's adjusted EBITDA reached $29.7 million, with a margin of 33.6%.