earnings
confidence high
sentiment positive
materiality 0.70
JFrog Q3 revenue $72.0M (+34% YoY), beats guidance; cloud revenue up 60%
JFrog Ltd
2022-Q3 EPS reported
-$0.68
revenue$203,494,000
- GAAP net loss per share ($0.24); non-GAAP EPS $0.02; operating cash flow $5.1M.
- Cloud revenue $21.0M (+60% YoY) driven by marketplace partners and usage; 29% of total revenue.
- Net dollar retention rate 130%; $100K ARR customers up 49% YoY to 696.
- Q4 guidance: revenue $76.5-77.5M; non-GAAP operating income $1-2M.
- Launched JFrog Advanced Security; closed first large JFrog Connect deal and multi-million dollar auto deal.