earnings
confidence high
sentiment positive
materiality 0.80
JFrog Q2 revenue $48.7M (+34% YoY); acquires Vdoo for ~$287M; guides Q3 rev $52-53M
JFrog Ltd
2021-Q2 EPS reported
-$0.23
revenue$93,744,000
- Q2 revenue $48.7M (+34% YoY); GAAP net loss ($0.14)/share, non-GAAP net income $0.01/share.
- Record operating cash flow $19.2M; free cash flow $18.0M; Cash $615.2M.
- Completed acquisition of Vdoo for ~$287M to add security from development to device.
- 415 customers with ARR >$100k; NDR 129%; Cloud revenue $11.5M (+47% YoY), 24% of total.
- Q3 guidance: rev $52-53M, non-GAAP loss per share ($0.03)-(0.04); FY rev $202-205M, loss per share ($0.04)-(0.05).