Achievement of $500 Million ARR
N-able surpassed $500 million in Annual Recurring Revenue (ARR), representing a 14% year-over-year growth.
Strong Adjusted EBITDA Margin
The company delivered a 32% adjusted EBITDA margin, showcasing strong profitability.
Cove Data Protection Success
Cove recorded its highest bookings quarter and highest net new ARR quarter ever, showing 25% year-over-year ARR growth.
Expansion of Channel Strategy
N-able doubled its reseller pipeline quarter-over-quarter, indicating strong potential for future growth.
Strong Revenue Results
Total revenue reached $131.2 million, $4.7 million above the high-end guidance, with a 10% year-over-year growth.