N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript Summary
N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA was $44.8 million, up approximately 23% year-over-year, and represented a 39% adjusted EBITDA margin.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 業績會簡報:
Financial Performance:
財務表現:
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報告Q3 2024年營業收入11640萬美元，同比增長8%，按固定匯率計算爲7%。
訂閱收入爲11500萬美元，同比增長約9%，按固定匯率計算爲8%。
調整後的EBITDA爲4480萬美元，同比增長約23%，代表39%的調整後EBITDA毛利率。
未槓桿化自由現金流本季度爲2700萬美元，毛利率爲83.7%，相比於2023年同期的84.6%。
Business Progress:
業務進展：
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增強了其Cove數據保護產品，並通過在超過100萬設備上推出新的統一代理完善了其Ecoverse願景。
公司在其N-central saas客戶的25%中達到了超過1500萬API調用，並擴展了API和數據分析功能。
取得了網絡安全成熟度模型認證，並通過了SOC2審計。
在迪拜的主要經銷商大會上，公司保持了強勁的渠道存在，並獲得了Ecoverse願景的積極反饋，與渠道夥伴建立了聯繫。
Opportunities:
機會：
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.
數據保護和安全領域市場增長強勁，雲備份預計增長率爲兩位數。
中小企業對託管服務的需求不斷增長，網絡安全抗災部門的勢頭強勁，進一步強調了這一點。
擴張戰略包括進入自然鄰域，利用對服務的高需求，如中小企業的IT管理和備份系統，通過託管服務提供商。
Risks:
風險：
Short-term financial pressure from customers optimizing estates before entering long-term contracts.
Trend of high inflation affecting pricing resulting in temporary financial headwinds.
客戶在簽訂長期合同前優化資產，導致短期財務壓力。
高通脹趨勢影響定價，導致暫時的財務壓力。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
