NASDAQ:FROG - Nasdaq - IL0011684185 - Common Stock - Currency: USD
Earnings news has catalyzed frenzied activity in these stocks, and irrespective of the directional moves, sentiment toward them has remained uniformly upbeat.
Shares of software development tools maker JFrog (NASDAQ:FROG) jumped 15.3% in the pre-market session after the company reported strong fourth-quarter 2024 results, which revealed an acceleration in its new large contract wins, enabling it to exceed Wall Street's revenue and operating profit estimates, the latter by a very convincing amount. Cloud revenue importantly exceeded expectations. Adoption of its cloud business remained strong, now accounting for 43% of total revenue, up from 37% a year
Shares of software development tools maker JFrog (NASDAQ:FROG) jumped 15.3% in the pre-market session after the company reported strong fourth-quarter 2024 results, which revealed an acceleration in its new large contract wins, enabling it to exceed Wall Street's revenue and operating profit estimates, the latter by a very convincing amount. Cloud revenue importantly exceeded expectations. Adoption of its cloud business remained strong, now accounting for 43% of total revenue, up from 37% a year ago. While revenue guidance for the full year was in line with Wall Street's estimates, full-year operating income guidance was ahead, showing better profitability. Again, Cloud revenue growth was guided ahead, allowing the market to look past the in line full-year total revenue guidance. Zooming out, we think this was a very solid quarter featuring some areas of strength for the stock.
Software development tools maker JFrog (NASDAQ:FROG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.4% year on year to $116.1 million. The company expects next quarter’s revenue to be around $117 million, close to analysts’ estimates. Its non-GAAP profit of $0.19 per share was 36.7% above analysts’ consensus estimates.
Software development tools maker JFrog (NASDAQ:FROG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.4% year on year to $116.1 million. The company expects next quarter’s revenue to be around $117 million, close to analysts’ estimates. Its non-GAAP profit of $0.19 per share was 36.7% above analysts’ consensus estimates.
Software development tools maker JFrog (NASDAQ:FROG) will be announcing earnings results tomorrow after the bell. Here’s what to expect.
Over the past six months, JFrog’s shares (currently trading at $32.56) have posted a disappointing 14% loss, well below the S&P 500’s 8.1% gain. This might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at software development stocks, starting with JFrog (NASDAQ:FROG).
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of JFrog Ltd. ("JFrog" or the "Company") (NASDAQ: FROG). Such investors are...