N-able Reports Third-Quarter Revenue of $137.45 Million, EPS Loss of $0.02
Revenue rose 4.9% year over year as N-able swung to a net loss. Subscription growth and lower sales and administrative expenses were offset by higher costs, research and development expenses and lower other income.
N-able’s third-quarter revenue rose 4.9% year over year, while the company swung to a net loss. Subscription growth and lower sales and marketing and general and administrative expenses were offset by higher cost of revenue and research and development expenses, lower other income, and increased in…