N-Able Sees Q3 Revenue $106.5M-$107M Vs $105.01M Est; Adj EBITDA $34.5M-$35M
Portfolio Pulse from Benzinga Newsdesk
N-Able has projected its Q3 revenue to be between $106.5M and $107M, which is higher than the estimated $105.01M. The company also expects its adjusted EBITDA to be between $34.5M and $35M.
August 10, 2023 | 12:39 pm
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POSITIVE IMPACT
N-Able's Q3 revenue forecast is higher than estimates, which could positively impact its stock price.
N-Able's projected Q3 revenue is higher than the estimated $105.01M, which could be seen as a positive sign by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100