N-able Q3 revenue rises 8.3% to $116.4 million; raises full-year margin outlook
N-able reported third-quarter 2024 revenue of $116.4 million, up 8.3% year over year, and GAAP net income of $10.8 million, compared with $6.0 million a year earlier. The company raised its full-year 2024 adjusted EBITDA margin outlook to 37% and set a full-year revenue outlook midpoint of $462 million, which matters to shareholders because it signals stronger profitability and a clearer view of the year's results.
Key points
- Q3 2024 total revenue was $116.4 million, up 8.3% year over year, or 7.3% on a constant currency basis.
- GAAP net income was $10.8 million, or $0.06 per diluted share; non-GAAP net income was $24.3 million, or $0.13 per diluted share.
- Adjusted EBITDA was $44.8 million, up 22.7% year over year, with a 38.5% margin.
- Q4 2024 revenue is expected in the range of $111.5 million to $113.0 million; full-year 2024 adjusted EBITDA is expected in the range of $169.3 million to $169.8 million, about 37% of revenue.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.