Financial Data and Key Metrics Changes - Q3 year-over-year revenue growth was 12%, with subscription revenue representing 98% of the total [6][26] - Non-GAAP operating income reached $27.7 million, representing a non-GAAP operating income margin of 17%, an 800 basis points improvement from the prior year [6][28] - Total ARR grew 12% year-over-year to $635 million, driven by the commercial business and demand for security solutions [6][26] Business Line Data and Key Metrics Changes - Security ARR surpassed $150 million, representing growth of 26% and accounting for 24% of total ARR in Q3, up from 23% in Q2 [9][26] - SaaS recurring revenue grew 13% in Q3, while less strategic revenue sources like license and services experienced declines [26] - Approximately 40% of the overall commercial pipeline is made up of security opportunities [22] Market Data and Key Metrics Changes - PC shipment reports showed slight overall industry declines in Q3, with mixed data for Mac shipments [10] - Despite the slowness in the PC market, analysts expect a recovery driven by demand for AI PCs and the end of Windows 10 support in late 2025 [10] - International expansion continues to grow at a faster pace than domestic sales, particularly in education markets in Japan, Germany, and Taiwan [65] Company Strategy and Development Direction - The company launched the Jamf Partner Hub and new Partner Program to drive business through channel partners [12] - Strategic agreements with Microsoft and Okta aim to enhance product offerings and market alignment [13][14] - Focus on key growth drivers includes Mac leadership, mobile expansion, management plus security, and international expansion [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in future growth despite current headwinds in education and device expansion [38] - Anticipation of a refresh cycle in the tech and education sectors, with expectations for improved device sales [62] - The company expects total revenue for Q4 2024 to be between $161.9 million and $162.9 million, representing year-over-year growth of 7% to 8% [31] Other Important Information - The company made a one-time adjustment to reset device and customer counts due to a comprehensive systems update [7][54] - Non-GAAP gross profit margin was 82%, consistent with expectations [28] - The effective tax rate for Q3 was negative 12%, consistent with expectations [29] Q&A Session Summary Question: Updated thoughts on full year ARR growth - Management noted headwinds in education and device expansion but highlighted strong growth in commercial and security sectors [36][38] Question: Customer feedback from JNUC event - Positive feedback was received regarding new product enhancements and overall customer excitement [39][40] Question: Data points for Apple refresh across devices - Management indicated anticipation for a refresh cycle but noted it has not yet fully materialized [43][44] Question: Insights on Microsoft relationship - The partnership with Microsoft is seen as collaborative, with opportunities for co-selling and integration [51][52] Question: Thoughts on the 3-year model - The incoming CFO indicated that the existing 3-year model seems reasonable but will be updated in future guidance [59] Question: Key growth drivers for next year - Management identified several tailwinds, including anticipated refresh cycles, security growth, and international expansion as key growth drivers [62][65]

Jamf Holding (JAMF) reported $159.29 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11.7%. EPS of $0.16 for the same period compares to $0.08 a year ago.The reported revenue represents a surprise of +1.01% over the Zacks Consensus Estimate of $157.69 million. With the consensus EPS estimate being $0.17, the EPS surprise was -5.88%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

Jamf Holding (JAMF) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.14, delivering no surprise.Over the last four quarters, the company has surpasse ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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: 001-39399 JAMF HOLDI ...

Exhibit 99.1 Jamf Announces Third Quarter 2024 Financial Results • Q3 total revenue year-over-year growth of 12% to $159.3 million • ARR year-over-year growth of 12% to $635.0 million as of September 30, 2024 • GAAP operating loss of $15.9 million, or (10)% of total revenue, compared to GAAP operating loss of $31.9 million, or (22)% of total revenue, in the third quarter of 2023 • Non-GAAP operating income of $27.7 million, or 17% of total revenue, compared to $12.4 million, or 9% of total revenue, in the t ...

Core Insights - Wall Street analysts anticipate Jamf Holding (JAMF) will report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 112.5% [1] - Expected revenues for the quarter are projected at $157.69 million, which represents a 10.6% increase from the same quarter last year [1] Earnings Estimates - Over the past 30 days, there has been a downward revision of 33.3% in the consensus EPS estimate for the quarter, indicating a reassessment by analysts of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts project 'Revenue- Subscription revenue- SaaS subscription and support and maintenance' to be $150.23 million, indicating a year-over-year change of +12.4% [5] - The estimate for 'Revenue- Subscription revenue- On-premise subscription' is $4.55 million, suggesting a year-over-year decline of -7.2% [5] - 'Revenue- Subscription revenue' is expected to reach $154.77 million, reflecting an increase of +11.7% year over year [6] - The estimated 'Revenue- Non-subscription revenue- Professional services' is $2.93 million, indicating a significant year-over-year decline of -25.9% [6] Annual Recurring Revenue (ARR) - Analysts estimate 'Annual Recurring Revenue (ARR)' to be $634.90 million, up from $566.30 million reported in the same quarter last year [7] Stock Performance - Shares of Jamf Holding have shown a return of +2.6% over the past month, outperforming the Zacks S&P 500 composite, which increased by +0.7% [7] - Jamf Holding holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]

MINNEAPOLIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it has invested in LifeSaver Mobile, a leader in Distracted Driving Solutions, through its Jamf Ventures Investment Fund. Announced in October 2022, Jamf Ventures strives to grow the Jamf and Apple ecosystem faster and more comprehensively than Jamf could do alone. The Fund facilitates Jamf partnerships with early-stage founders, entrepreneurs and innovators across the glo ...

MINNEAPOLIS, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report third quarter 2024 financial results for the period ended September 30, 2024, following the close of the market on Thursday, November 7, 2024. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results. Jamf Third Quarter 2024 Earnings Conference Call When: Thursday, ...

MINNEAPOLIS, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it has enhanced its leadership team with two key new hires: Andrew Smeaton as Chief Information Security Officer and Marc Botham as Global Vice President of Channel and Alliances. "I am thrilled to announce the addition of two seasoned industry leaders to the Jamf leadership team," said John Strosahl, CEO of Jamf. "Bringing their individual experiences into Jamf will undo ...

MINNEAPOLIS, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced the appointment of David Rudow to Chief Financial Officer ("CFO"). Mr. Rudow will begin employment with Jamf on October 28, 2024, and will succeed Jamf's current Chief Financial Officer, Ian Goodkind, who is departing to pursue other opportunities, effective November 28, 2024. Goodkind will work closely with Rudow to facilitate a seamless transition. "I want to thank Ian ...