Jamf Holding (JAMF) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.14, delivering no surprise.Over the last four quarters, the company has surpasse ...

Exhibit 99.1 Jamf Announces Third Quarter 2024 Financial Results • Q3 total revenue year-over-year growth of 12% to $159.3 million • ARR year-over-year growth of 12% to $635.0 million as of September 30, 2024 • GAAP operating loss of $15.9 million, or (10)% of total revenue, compared to GAAP operating loss of $31.9 million, or (22)% of total revenue, in the third quarter of 2023 • Non-GAAP operating income of $27.7 million, or 17% of total revenue, compared to $12.4 million, or 9% of total revenue, in the t ...

Core Insights - Wall Street analysts anticipate Jamf Holding (JAMF) will report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 112.5% [1] - Expected revenues for the quarter are projected at $157.69 million, which represents a 10.6% increase from the same quarter last year [1] Earnings Estimates - Over the past 30 days, there has been a downward revision of 33.3% in the consensus EPS estimate for the quarter, indicating a reassessment by analysts of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts project 'Revenue- Subscription revenue- SaaS subscription and support and maintenance' to be $150.23 million, indicating a year-over-year change of +12.4% [5] - The estimate for 'Revenue- Subscription revenue- On-premise subscription' is $4.55 million, suggesting a year-over-year decline of -7.2% [5] - 'Revenue- Subscription revenue' is expected to reach $154.77 million, reflecting an increase of +11.7% year over year [6] - The estimated 'Revenue- Non-subscription revenue- Professional services' is $2.93 million, indicating a significant year-over-year decline of -25.9% [6] Annual Recurring Revenue (ARR) - Analysts estimate 'Annual Recurring Revenue (ARR)' to be $634.90 million, up from $566.30 million reported in the same quarter last year [7] Stock Performance - Shares of Jamf Holding have shown a return of +2.6% over the past month, outperforming the Zacks S&P 500 composite, which increased by +0.7% [7] - Jamf Holding holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]

MINNEAPOLIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it has invested in LifeSaver Mobile, a leader in Distracted Driving Solutions, through its Jamf Ventures Investment Fund. Announced in October 2022, Jamf Ventures strives to grow the Jamf and Apple ecosystem faster and more comprehensively than Jamf could do alone. The Fund facilitates Jamf partnerships with early-stage founders, entrepreneurs and innovators across the glo ...

MINNEAPOLIS, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report third quarter 2024 financial results for the period ended September 30, 2024, following the close of the market on Thursday, November 7, 2024. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results. Jamf Third Quarter 2024 Earnings Conference Call When: Thursday, ...

MINNEAPOLIS, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it has enhanced its leadership team with two key new hires: Andrew Smeaton as Chief Information Security Officer and Marc Botham as Global Vice President of Channel and Alliances. "I am thrilled to announce the addition of two seasoned industry leaders to the Jamf leadership team," said John Strosahl, CEO of Jamf. "Bringing their individual experiences into Jamf will undo ...

Core Viewpoint - Jamf has appointed David Rudow as the new Chief Financial Officer, succeeding Ian Goodkind, who will leave the company at the end of November 2024 [1][2][3] Company Leadership Transition - David Rudow will start his role on October 28, 2024, and will work closely with Ian Goodkind during the transition period [1] - Ian Goodkind has served Jamf for five years and is leaving to pursue other opportunities [2] David Rudow's Background - Rudow has extensive experience in high-growth technology companies, having previously served as CFO at Cover Genius, Unite Us, and nCino, where he led the company's initial public offering [3] - He has held senior positions in investment banking and financial services at firms such as Piper Jaffray, J.P. Morgan, and Thrivent Asset Management, and is a Certified Public Accountant [3] Company Outlook - Jamf reaffirms its financial outlook for the third quarter and full year 2024, expecting total revenue of $156.5 to $158.5 million for Q3 and $622.5 to $625.5 million for the full year [5] - Non-GAAP operating income is projected to be between $25.5 to $26.5 million for Q3 and $96.0 to $98.0 million for the full year [5] Company Mission and Market Position - Jamf aims to simplify work by managing and securing Apple devices in organizations, emphasizing its unique position as the only company providing a complete management and security solution for Apple-first environments [11]

Jamf Holding (JAMF) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual ...

MINNEAPOLIS, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced same-day support for Apple's iOS 18, iPadOS 18, tvOS 18, visionOS 2, watchOS 11 and macOS Sequoia releases, which became generally available today. Through extensive testing in Apple's beta releases, Jamf ensures compatibility for Apple's fall releases across its entire solution portfolio. "We provide same-day support so our customers can reap the benefits of Apple's late ...

Jamf Holding (JAMF) closed the last trading session at $17.70, gaining 8.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.33 indicates a 31.8% upside potential. The average comprises nine short-term price targets ranging from a low of $20 to a high of $30, with a standard deviation of $3.28. While the lowest estimate indicates an increase of 13% from the current price level, ...