N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript Summary
N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript Summary
Adjusted The following is a summary of the N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript:
以下是N-able, Inc. (NABL) Q3 2024 业绩会简报:
Financial Performance:
财务业绩:
N-able reported Q3 2024 revenue of $116.4 million, an 8% year-over-year growth reported and 7% on a constant currency basis.
Subscription revenue was $115 million, showing roughly 9% year-over-year growth reported and 8% on a constant currency basis.
Adjusted EBITDA was $44.8 million, up approximately 23% year-over-year, and represented a 39% adjusted EBITDA margin.
Unlevered free cash flow was $27 million in the quarter, while gross margin was 83.7% compared to 84.6% in the same period in 2023.
N-able报告Q3 2024年营业收入11640万美元，同比增长8%，按固定汇率计算为7%。
订阅收入为11500万美元，同比增长约9%，按固定汇率计算为8%。
调整后的EBITDA为4480万美元，同比增长约23%，代表39%的调整后EBITDA毛利率。
未杠杆化自由现金流本季度为2700万美元，毛利率为83.7%，相比于2023年同期的84.6%。
Business Progress:
业务进展:
N-able enhanced its Cove Data Protection offering and expanded its Ecoverse vision with a new unified agent on over 1 million devices.
The company reached over 15 million API calls across 25% of its N-central SaaS customers and expanded API and data analytics capabilities.
Achieved a cybersecurity maturity model certification and passed a SOC2 audit.
Maintained a strong channel presence with positive feedback on Ecoverse vision and connection with channel partners at the major distributor conference in Dubai.
N-able增强了其Cove数据保护产品，并通过在超过100万设备上推出新的统一代理完善了其Ecoverse愿景。
公司在其N-central saas客户的25%中达到了超过1500万API调用，并扩展了API和数据分析功能。
取得了网络安全成熟度模型认证，并通过了SOC2审计。
在迪拜的主要经销商大会上，公司保持了强劲的渠道存在，并获得了Ecoverse愿景的积极反馈，与渠道伙伴建立了联系。
Opportunities:
机会：
Strong market growth in data protection and security sectors with projected double-digit growth rates for cloud backup.
Emerging demand for managed services among SMEs, further emphasized by robust tailwinds in the cybersecurity resilience sector.
Expansion strategies include entering natural adjacencies, leveraging high demand for services such as IT management and backup systems for SMEs through managed service providers.
数据保护和安全领域市场增长强劲，云备份预计增长率为两位数。
中小企业对托管服务的需求不断增长，网络安全抗灾部门的势头强劲，进一步强调了这一点。
扩张战略包括进入自然邻域，利用对服务的高需求，如中小企业的IT管理和备份系统，通过托管服务提供商。
Risks:
风险：
Short-term financial pressure from customers optimizing estates before entering long-term contracts.
Trend of high inflation affecting pricing resulting in temporary financial headwinds.
客户在签订长期合同前优化资产，导致短期财务压力。
高通胀趋势影响定价，导致暂时的财务压力。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
