secwatch.observer — SEC 8-K summary
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Issuer:     JFrog Ltd (FROG)
CIK:        0001800667
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056979
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800667/000095017024056979/0000950170-24-056979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800667/000095017024056979/frog-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056979

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