N-able, Inc. Investigation

Company: N-able, Inc.

Ticker: (NYSE) NABL

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Investigation Details

N-able, Inc. shareholders absorbed losses following the Company's Q2 2026 earnings release, in which FY2026 revenue guidance was lowered from $554-$559 million to approximately $539-$542 million and FY2026 ARR guidance was cut from $581-$586 million to $562-$565 million -- after the Company disclosed that renewal rates in its largest cohort, primarily involving UEM and EDR, came in below expectations. The reduction followed a quarter in which reported results were broadly in line with expectations: Q2 2026 revenue of $138.2 million, ARR of $544.5 million, and adjusted EPS of $0.10. The revision affected the Company's forward outlook, rather than its reported Q2 results. The investigation focuses on the Company's retention-related disclosures. On the February 19, 2026 earnings call, Chief Financial Officer Tim O'Brien stated that the FY2026 outlook "reflects our expectations for steady demand trends, stable retention and continued execution." On May 7, 2026, Chief Executive Officer John Pagliuca stated that "gross and net revenue dollar retention both improved quarter-over-quarter and year-over-year, with trailing 12-month net retention now at 106%." No UEM- or EDR-specific renewal figures were provided.
N-able, Inc. Investigation – NABL – Investor Losses & Lead Plaintiff Deadline