NYSE$NABL
N-able Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
N-able's Q3 2021 results were announced, showcasing year-over-year revenue growth and strong demand for security and data protection offerings.
N-able reported a total revenue of $88.4 million, representing a 16% year-over-year increase. Subscription revenue grew by approximately 17% year-over-year. The company's adjusted EBITDA reached $29.7 million, with a margin of 33.6%.
- Total revenue reached $88.4 million, a 16% increase year-over-year.
- Subscription revenue was $86.1 million, reflecting a 17% year-over-year growth.
- GAAP gross margin was 86.1%, and non-GAAP gross margin was 87.7%.
- Adjusted EBITDA was $29.7 million, representing a 33.6% margin.
Headline financials
Revenue & EPS history
N-able · Revenue · Quarterly
$88.4M
Revenue by segment
N-able · $86.1M total across 1 segment · Q3 2021
- Subscription Revenue$86.1M+12.8%100.0%
Forward guidance
N-able provided its financial outlook for the fourth quarter and full year 2021, expecting continued revenue growth and adjusted EBITDA.
Tailwinds
- Total revenue in the range of $88.5 to $89.0 million for Q4 2021, representing approximately 11% year-over-year growth.
- Adjusted EBITDA in the range of $27.5 to $28.0 million for Q4 2021, representing approximately 31.1% to 31.5% of total revenue.
- Total revenue in the range of $345.5 to $346.0 million for full year 2021, representing approximately 14% year-over-year growth.
- Adjusted EBITDA in the range of $113.1 to $113.6 million for full year 2021, representing approximately 32.7% to 32.8% of total revenue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.4%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-0.4%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+20.1%
Q3 2022
Best reaction
-28.2%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.2% | -26.6% | -28.4% | |
| Q4 2025 | -10.8% | -15.4% | -5.6% | |
| Q3 2025 | +9.1% | +2.2% | -3.6% | |
| Q1 2025 | +5.2% | +14.7% | +14.0% | |
| Q4 2024 | -28.2% | -26.7% | -25.7% | |
| Q3 2024 | -11.7% | -13.4% | -18.9% | |
| Q2 2024 | -1.4% | -2.9% | -5.4% | |
| Q1 2024 | -0.2% | +0.0% | +11.8% | |
| Q4 2023 | +5.9% | +3.0% | +2.1% | |
| Q3 2023 | -11.6% | -13.8% | -8.0% | |
| Q2 2023 | +1.3% | +0.1% | +0.4% | |
| Q1 2023 | +8.0% | +10.4% | +14.2% | |
| Q4 2022 | +19.5% | +15.4% | +16.8% | |
| Q3 2022 | +20.1% | +19.5% | +15.2% | |
| Q2 2022 | -2.1% | +0.2% | -2.1% | |
| Q1 2022 | +6.1% | +9.2% | +20.2% | |
| Q1 2021 | +6.1% | +9.2% | +20.2% | |
| Q4 2019 | +4.6% | -3.3% | -16.3% | |
| Q4 2021 | +2.3% | +2.4% | -13.9% | |
| Q3 2021 | -3.9% | -4.9% | -12.3% | |
| Q2 2020 | -1.6% | -1.5% | +6.6% | |
| Q2 2021 | -1.6% | -0.4% | +4.9% | |
| Q4 2020 | -1.6% | -0.4% | +4.9% | |
| Q3 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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