Jfrog Ltd reports results for the quarter - Earnings Summary

Reuters11-09

* Jfrog Ltd reported quarterly adjusted earnings of 15 cents​​ per share for the quarter , identical to the same quarter last year. The mean expectation of twenty analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 10 cents to 12 cents per share.

* Revenue rose 23% to $109.06 million from a year ago; analysts expected $105.60 million.

* Jfrog Ltd's reported EPS for the quarter was a loss of 21 cents​.

* The company reported a quarterly loss of $22.95 million.

* Jfrog Ltd shares had risen by 13.2% this quarter and lost 5.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Jfrog Ltd is $36.00 This summary was machine generated from LSEG data November 8 at 09:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.11 0.15 Beat

Jun. 30 2024 0.14 0.15 Beat

Mar. 31 2024 0.14 0.16 Beat

Dec. 31 2023 0.12 0.19 Beat

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