N-able Q2 2024 Adj. EPS $0.14 Beats $0.10 Estimate, Sales $119.447M Beat $116.834M Estimate
Portfolio Pulse from Benzinga Newsdesk
N-able (NYSE:NABL) reported Q2 2024 adjusted EPS of $0.14, beating the estimate of $0.10 by 40%. Sales were $119.447M, surpassing the $116.834M estimate and showing a 12.60% increase from the same period last year.
August 08, 2024 | 11:13 am
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N-able reported strong Q2 2024 results with EPS of $0.14 beating estimates by 40% and sales of $119.447M exceeding expectations by 2.24%. Sales increased by 12.60% YoY.
The significant beat on both EPS and sales, along with a notable year-over-year sales increase, is likely to positively impact N-able's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100