N-able Q4 2023 Adj EPS $0.11 Beats $0.08 Estimate, Sales $108.42M Beat $106.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
N-able (NYSE:NABL) reported Q4 2023 adjusted EPS of $0.11, surpassing the $0.08 estimate, with sales of $108.42M also beating the $106.86M estimate. This represents a 10% increase in earnings and a 13.22% increase in sales from the same period last year.
February 22, 2024 | 12:07 pm
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N-able reported a strong Q4 2023 with earnings and sales exceeding estimates, indicating robust financial health and potential for growth.
N-able's Q4 2023 performance exceeded analyst expectations in both earnings per share and sales, showcasing a significant year-over-year growth. This positive earnings surprise typically leads to a bullish sentiment among investors, potentially driving the stock price up in the short term.
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