NYSE$NABL
N-able Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
N-able reported strong Q4 2021 results, driven by security and data protection solutions and healthy expansion among existing MSP partners.
N-able announced its Q4 and Full-Year 2021 results, with subscription revenue increasing 13% year-over-year (14% in constant currency). The company's trailing twelve months dollar-based net retention rate remained consistent at 110%.
- Total revenue was $89.5 million, representing approximately 12% year-over-year growth (approximately 13% year-over-year growth on a constant currency basis).
- Subscription revenue was $87.3 million, representing approximately 13% year-over-year growth (approximately 14% year-over-year growth on a constant currency basis).
- GAAP net income was $2.1 million, or $0.01 per diluted share, and non-GAAP net income was $13.4 million, or $0.07 per diluted share.
- Adjusted EBITDA was $27.8 million, representing an adjusted EBITDA margin of 31.0%.
Headline financials
Revenue & EPS history
N-able · Revenue · Quarterly
$89.5M
Revenue by segment
N-able · $87.3M total across 1 segment · Q4 2021
- Subscription Revenue$87.3M+9.3%100.0%
Forward guidance
N-able provided its financial outlook for the first quarter and full year 2022.
Tailwinds
- Total revenue in the range of $90.1 to $90.6 million for Q1 2022, representing approximately 9% year-over-year growth, or approximately 11% growth on a constant currency basis.
- Adjusted EBITDA in the range of $26.5 to $27.0 million for Q1 2022, representing approximately 30% of total revenue.
- Total revenue in the range of $384 to $388 million for full year 2022, representing 11% to 12% year-over-year growth, or 13% to 14% year-over-year growth on a constant currency basis.
- Adjusted EBITDA in the range of $118 to $122 million for full year 2022, representing approximately 31% of total revenue.
- Expectations of increased FX headwinds.
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 Q4 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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