Benzinga | Aug 12, 2021 08:19AM EDT

N-able Sees Q3 Sales $86.5M-$87M, Sees FY21 Sales $343M-$345M

Financial Outlook for the Third Quarter of 2021

N-able management currently expects to achieve the following results for the third quarter of 2021:

* Total revenue in the range of $86.5 to $87.0 million, representing 13% to 14% growth over the third quarter of 2020.

* Adjusted EBITDA in the range of $27.5 to $28.0 million, representing approximately 32% of total revenue.

Financial Outlook for Full-Year 2021

N-able management currently expects to achieve the following results for full year 2021:

* Total revenue in the range of $343 to $345 million, representing 13% to 14% growth over 2020 total revenue.

* Adjusted EBITDA in the range of $109 to $111 million, representing approximately 32% of total revenue.