JFrog Q1 revenue $100.3M (+26% YoY); cloud revenue up 47%; guides Q2 and FY 2024 above expectations

JFrog Ltd

2024-Q1 EPS reported -$0.08 revenue$100,311,000

Revenue $100.3M, +26% YoY; GAAP operating loss ($16.6M), non-GAAP operating income $14.1M (14% margin).
Cloud revenue $36.9M (+47%), 37% of total; customers >$1M ARR reached 40, up 90% YoY.
Non-GAAP diluted EPS $0.16; GAAP net loss per share ($0.08); free cash flow $16.6M.
Q2 outlook: revenue $103-104M, non-GAAP op income $13-14M, non-GAAP EPS $0.13-0.15.
FY 2024 outlook: revenue $425.5-429.5M, non-GAAP op income $56-58M, non-GAAP EPS $0.59-0.61.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

JFrog Ltd reported the first quarter ended March 31, 2024 results: revenue $100.3 million, net income ($0.08), EPS $0.16. Guidance reaffirmed.

Period: the first quarter ended March 31, 2024
Revenue: $100.3 million
Net income: ($0.08)
EPS: $0.16
Guidance: reaffirmed
Result: reported results

Exact text from the filing

JFrog Announces First Quarter 2024 Results • Total Revenues of $100.3 million; up 26% Year-over-Year

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Source: SEC EDGAR

accession 0000950170-24-056979

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