N-Able Sees FY23 Revenue $419.5M-$421M Vs $415.73M Est; Adj EBITDA $135.5M-$137M
Portfolio Pulse from Benzinga Newsdesk
N-Able has projected its FY23 revenue to be between $419.5M and $421M, which is higher than the estimated $415.73M. The company also expects its adjusted EBITDA to be between $135.5M and $137M.
August 10, 2023 | 12:37 pm
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POSITIVE IMPACT
N-Able's FY23 revenue and adjusted EBITDA forecasts are higher than estimates, which could positively impact the company's stock.
N-Able's higher than expected revenue and EBITDA forecasts for FY23 indicate strong financial performance, which is likely to boost investor confidence and potentially drive the company's stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100