JFrog Ltd. (FROG) Tops Q3 EPS by 5c

JFrog Ltd. (NASDAQ: FROG) reported Q3 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $38.9 million versus the consensus estimate of $37.87 million.

“In our first quarter as a public Company, JFrog’s demonstrated growth, high retention and strong momentum reflected the mission-critical nature of JFrog products to our customers,” said Shlomi Ben Haim, CEO and Co-founder of JFrog. “Our customers continue to adopt cloud-based and hybrid solutions as they embrace digital transformation through modern, cloud-native technologies. As DevOps continues to change the software update landscape, we look forward to leading the market in the fourth quarter and beyond.”

GUIDANCE:

JFrog Ltd. sees Q4 2020 EPS of $0.00-$0.02, versus the consensus of $0.00. JFrog Ltd. sees Q4 2020 revenue of $40.9-41.9 million, versus the consensus of $40.52 million.

JFrog Ltd. sees FY2020 EPS of $0.11-$0.13, versus the consensus of $0.07. JFrog Ltd. sees FY2020 revenue of $149-150 million, versus the consensus of $147.41 million.

For earnings history and earnings-related data on JFrog Ltd. (FROG) click here.

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