JFrog Ltd. (FROG) reported $100.31 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 25.7%. EPS of $0.16 for the same period compares to $0.06 a year ago.The reported revenue represents a surprise of +1.70% over the Zacks Consensus Estimate of $98.63 million. With the consensus EPS estimate being $0.14, the EPS surprise was +14.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

JFrog Ltd. (FROG) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.19, delivering a surprise of 46.15%.Over the last four quarters, the company has s ...

Trusted delivery with content control Regional Clouds Model & Dependency Version Control DEPLOYMENT ENVIRONMENT MONETIZATION 8/10 Uber Manual processes were causing inefficient delivery and release of software to global teams, costing Nokia time and money | --- | --- | --- | |---------------------------------|--------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------| | EXISTING OFFERINGS | WHY ...

Exhibit 99.1 JFrog Announces First Quarter 2024 Results • Revenue for the first quarter of 2024 equaled $100.3 million, up 26% year-over-year. • GAAP Gross Profit was $79.7 million; GAAP Gross Margin was 79.5%. • Non-GAAP Gross Profit was $85.3 million; Non-GAAP Gross Margin was 85.1%. • GAAP Operating Loss was ($16.6) million; GAAP Operating Margin was (16.6%). • Non-GAAP Operating Income was $14.1 million; Non-GAAP Operating Margin was 14.0%. • GAAP Net Loss Per Share was ($0.08); Non-GAAP Diluted Earning ...

Wall Street analysts forecast that JFrog Ltd. (FROG) will report quarterly earnings of $0.14 per share in its upcoming release, pointing to a year-over-year increase of 133.3%. It is anticipated that revenues will amount to $98.63 million, exhibiting an increase of 23.6% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial p ...

SUNNYVALE, Calif. & PARIS--(BUSINESS WIRE)--(KubeCon + CloudNativeCon Europe) — JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the Liquid Software company and creators of the JFrog Software Supply Chain Platform, today released the findings of its annual Software Supply Chain State of the Union report 2024, which identifies emerging development trends, risks and best practices for securing enterprise software supply chains. “DevSecOps teams worldwide are navigating a volatile field of software security, where inno ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--JFrog Ltd. (“JFrog”) (Nasdaq: FROG), the Liquid Software company and creators of the JFrog Software Supply Chain Platform, today announced a new technology integration with Qwak, a fully managed ML Platform, that brings machine learning models alongside traditional software development processes to streamline, accelerate, and scale the secure delivery of ML applications. “Currently, data scientists and ML engineers are using a myriad of disparate tools, which are mostl ...

JFrog Ltd. (NASDAQ:FROG) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants Jeffrey Schreiner - VP, IR Shlomi Ben Haim - CEO and Co-Founder Ed Grabscheid - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Rachit Agrawal - JPMorgan Mike Cikos - Needham and Company Koji Ikeda - Bank of America Ittai Kidron - Oppenheimer Miller Jump - Truist Marc Bachner - Stifel Kingsley Crane - Canaccord Yi Fu Lee - Cantor Fitzgerald Rob Owens - Piper Sandler Nick Altmann - Scoti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-K __________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39492 ______ ...

Financial Data and Key Metrics Changes - JFrog's Q3 2023 revenue was $88.6 million, reflecting a 23% year-over-year growth [8][56] - Non-GAAP profit for the quarter was $16.6 million, with free cash flow of $25.4 million [22][37] - Operating profit was $11.9 million, representing a 13.4% operating margin compared to 1.7% in the prior year [37] - Net dollar retention for the trailing four quarters was 119%, a decline of one point sequentially [36] Business Line Data and Key Metrics Changes - Cloud revenue reached $30.6 million, increasing 46% year-over-year [8][35] - Self-managed revenues were $58 million, up 14% year-over-year [57] - Customers with ARR over $1 million increased to 30, a 67% increase compared to the previous year [9] Market Data and Key Metrics Changes - Customers with ARR over $100,000 grew to 848, a 22% year-over-year increase [22] - 46% of total revenue came from Enterprise Plus subscriptions, up from 39% in Q3 2022 [36] Company Strategy and Development Direction - JFrog is focusing on large-scale enterprise adoption of its software supply chain platform, driven by strategic sales and cloud partnerships [11][31] - The company is expanding into machine learning operations and AI solutions, integrating security for ML models [33][54] - JFrog aims to consolidate security solutions under one vendor to enhance customer value [27][68] Management's Comments on Operating Environment and Future Outlook - Management remains confident in meeting 2023 business goals despite the ongoing conflict in Israel [7][21] - The company anticipates continued growth in cloud adoption and security solutions as key drivers for future revenue [35][57] - Management noted that macroeconomic headwinds are impacting the pace of migrations but cloud usage continues to grow [110] Other Important Information - JFrog appointed Orit Goren as Chief Sustainability Officer, emphasizing its commitment to responsible business practices [40] - The company has a strong cash position with $502 million in cash and short-term investments as of September 30, 2023 [59] Q&A Session Summary Question: Can you walk us through the cloud optimizations and the acceleration of cloud revenue growth? - Management noted positive momentum in cloud usage, driven by large customers and marketplace growth [64][65] Question: What is the opportunity for advanced security and curation going into Q4? - Advanced security and curation are expected to support revenue growth, with significant adoption already seen [68] Question: How does AI and ML impact the usage of the cloud Artifactory? - AI and ML adoption is expected to accelerate platform usage as enterprises seek to secure and automate their processes [102][104] Question: Can customers buy security solutions without Artifactory? - Currently, security solutions are integrated with the platform and not available as standalone products [100] Question: How are optimization headwinds affecting the company? - Management believes optimization headwinds are behind them, with continued growth in cloud usage [110]