These Analysts Cut Their Forecasts On N-Able After Q2 Results

N-Able Inc (NYSE: NABL ) reported in-line earnings for the second quarter on Tuesday. The company posted quarterly earnings of 10 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $138.223 million which beat the analyst consensus estimate of $137.954 million. N-able cut its FY2026 sales guidance from $554.000 million-$559.000 million to $539.000 million-$542.000 million. “AI is reshaping the security landscape, making our mission to democratize cyber-defense more critical than ever,” said N-able president and CEO John Pagliuca. “We are taking decisive action across the business to better capture this demand. We welcomed Russell Rosa as our new Chief Revenue Officer, we are making organizational changes to align resources with our highest-priority opportunities, and we are sharpening our roadmaps to bring new products to...