JAMF Earnings Prediction
The chart below shows how JAMF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JAMF sees a +7.57% change in stock price 10 days leading up to the earnings, and a -4.21% change 10 days following the report. On the earnings day itself, the stock moves by -0.96%. This data can give you a slight idea of what to expect for the next quarter's release.
JAMF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
159.29M
11.68%
4.10%
Gross Margin
73.09%
1.20%
0.51%
Operating Margin
-5.35%
-72.52%
-42.60%
Net Margin
-7.68%
-66.06%
-39.00%
EPS
-0.10
-61.54%
-33.33%
No Data Available
JAMF Earnings Analysis
Jamf Holding Corp. Common Stock Corporation (JAMF.O) Earnings Conference Call
Positive
Strong Revenue Performance: Q3 year-over-year revenue growth was 12%, exceeding the high end of our revenue outlook.
SaaS Revenue Growth: SaaS recurring revenue remained strong in Q3, growing 13%.
Annual Recurring Revenue Growth: We ended Q3 with total ARR of $635 million, representing year-over-year growth of 12%.
Security ARR Milestone Achieved: Security ARR reached another milestone, surpassing $150 million of ARR in Q3, with a growth of 26%.
Channel Partner Program Launch: We launched our Jamf Partner Hub and new Partner Program which will drive more business through our channel partners, increasing the efficiency of our go-to-market organization.
Negative
- Strong Revenue Growth: Q3 year-over-year revenue growth was 12%, exceeding the high end of our revenue outlook. SaaS recurring revenue remained strong in Q3, growing 13%. Less strategic revenue sources like licenses, services and on-premise revenues continued to experience year-over-year declines. We ended Q3 with total ARR of $635 million, representing year-over-year growth of 12%. Jamf's commercial ARR was 75% of Jamf's total ARR and security ARR was 24% of the total. Net retention remained flat at a 106% when compared to Q2.
JAMF FAQs
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JAMF Earning Call Sentiment
Jamf Holding Corp. (JAMF) Q3 2024 Earnings Call Transcript
JAMF.O
1.93%Positive
The earnings call reflects a mixed sentiment. While there is consistent revenue and ARR growth, competitive pressures and regulatory challenges pose risks. The lack of a shareholder return plan and muted guidance for Q4 suggest caution. However, strong security ARR growth and positive customer feedback at JNUC provide optimism. The market cap suggests moderate volatility. Overall, the sentiment is neutral, with potential upward movement limited by economic and competitive headwinds.
