N-ABLE INC. DL-,001

N-Able’s board has raised the existing share buyback program by $50 million, bringing the total authorization to $125 million. As of June 30, 2026, $45 million remained available under the prior authorization, so the company currently has $95 million of repurchase capacity. CFO Tim O’Brien called buybacks at the current price an attractive use of capital and reiterated optimistic expectations for long-term growth and profitability. The expansion permits repurchases on the open market or in privately negotiated transactions and is open-ended. » More on de.investing.com

For Q2 2026 N-Able reported adjusted EPS of $0.10 on $138.2 million in revenue, meeting earnings expectations but narrowly missing revenue forecasts. Management lowered the full-year outlook due to weaker renewal rates and pressure in UEM and EDR, and announced a 6% workforce reduction. ARR rose 6% to $544 million, while gross margin fell to 80%. After the outlook the stock dropped about 36% and was trading near its 52-week low. » More on de.investing.com

N-able introduced Shadow AI Visibility across N-central, N-sight and Adlumin to provide identity-attributed tracking of unauthorized AI tool usage without extra infrastructure, aiming to close a security blind spot for IT and security teams. The company also announced its flagship conference Empower 2027 (Sept 20–22, 2027, Scottsdale) and a global regional series "Empower on the Move" with technical training in major cities beginning June 2026. N-able provides software for backup, remote monitoring, threat hunting and related services to SMBs, and hedge funds have identified it as one of the best value penny stocks to consider. » More on finance.yahoo.com