earnings
confidence high
sentiment positive
materiality 0.70
JFrog Q1 revenue $63.7M (+41% YoY); cloud revenue up 63%
JFrog Ltd
2023-Q1 EPS reported
-$0.20
revenue$63,696,000
- Total revenue $63.7M (+41% YoY); cloud revenue $16.8M (+63% YoY), cloud 26% of total revenue.
- GAAP gross margin 78.2%; non-GAAP gross margin 84.4%; GAAP operating loss ($19.1M); non-GAAP operating income $0.5M.
- GAAP net loss per diluted share ($0.20); non-GAAP net income per share $0.00; operating cash flow $5.0M.
- Customers with ARR >$100k up 52% YoY to 599; >$1M ARR customers up 60% YoY to 16.
- Q2 revenue guidance $65-66M; FY2022 revenue guidance $276.5-278.5M.