N-able Q1 2024 Adj EPS $0.11 Beats $0.09 Estimate, Sales $113.749M Beat $111.428M Estimate
Portfolio Pulse from Benzinga Newsdesk
N-able (NYSE:NABL) reported Q1 2024 adjusted EPS of $0.11, surpassing the $0.09 estimate, and sales of $113.749M, exceeding the $111.428M estimate. This represents a 37.5% increase in EPS and a 13.96% increase in sales year-over-year.

May 09, 2024 | 11:09 am
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N-able reported a strong Q1 2024 performance with EPS and sales exceeding analyst estimates, indicating robust year-over-year growth.
N-able's Q1 2024 earnings report exceeded analyst expectations in both EPS and sales, showing a significant improvement over the previous year's performance. This positive earnings surprise is likely to instill investor confidence and could lead to a short-term uptick in NABL's stock price. The substantial year-over-year growth in both earnings and sales underscores the company's operational efficiency and market demand for its offerings, further supporting the potential for positive stock price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100