jamf(JAMF) - 2025 Q2 - Quarterly Results

FORM 8-K General Information Registrant Information This section provides the general administrative details of the Form 8-K filing, including the registrant's identification - Jamf Holding Corp. filed a Form 8-K on July 15, 2025[1] | Registrant Name | State of Incorporation | Commission File Number | IRS Employer ID | Address | Phone Number | | :-------------- | :--------------------- | :--------------------- | :-------------- | :------ | :----------- | | JAMF HOLDING CORP. | Delaware | 001-39399 | 82-3031543 | 100 Washington Ave S, Suite 900, Minneapolis, MN 55401 | (612) 605-6625 | Securities Registered This section details the classes of securities registered by Jamf Holding Corp. under Section 12(b) of the Act | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :------------------ | :---------------- | :---------------------------------------- | | Common Stock, $0.001 par value | JAMF | The NASDAQ Stock Market LLC | Item 2.02. Results of Operations and Financial Condition Q2 2025 Guidance Update Jamf Holding Corp. provided an update to its second quarter 2025 guidance in connection with a strategic reinvestment plan, with full details furnished in a press release - Jamf Holding Corp. issued a press release on July 15, 2025, updating its second quarter 2025 guidance[5] - The guidance update is related to a strategic reinvestment plan described in Item 2.05[5] - The full text of the press release is furnished as Exhibit 99.1[5] Item 2.05. Costs Associated with Exit or Disposal Activities Strategic Reinvestment Plan Details Jamf announced a strategic reinvestment plan aimed at reducing operating costs, improving margins, and enabling strategic reinvestment, which will impact approximately 6.4% of its full-time employees - The Plan aims to reduce operating costs, improve operating margins, allow for strategic reinvestment, and advance profitable growth[7] - Approximately 6.4% of the Company's full-time employees are expected to be impacted by the Plan[7] Estimated Charges and Timeline The Company estimates incurring $11.0 million to $12.5 million in charges, primarily in Q3 2025, with the Plan substantially complete by the end of Q4 2025, and these charges will be excluded from certain non-GAAP financial measures | Item | Estimate | Details | | :--- | :------- | :------ | | Estimated Charges | $11.0 million to $12.5 million | Consisting of cash expenditures for notice period and severance payments, employee benefits, and related costs | | Timing of Majority of Charges | Q3 2025 | | | Substantial Completion of Plan | End of Q4 2025 | | - The Company intends to exclude these charges from certain non-GAAP financial measures[8] - Actual expenses may differ from estimates due to assumptions and local law requirements, and unanticipated events may lead to additional charges[9] Forward-Looking Statements This section contains a standard disclaimer regarding forward-looking statements, highlighting inherent risks and uncertainties related to Q2 2025 financial performance, the anticipated benefits and impact of the strategic reinvestment plan, and the estimates of associated charges - The report contains forward-looking statements subject to risks and uncertainties[10] - These statements cover expectations for Q2 2025 financial and operating performance, anticipated benefits and impact of the Plan, and estimates of associated charges[10] - Jamf operates in a competitive and rapidly changing environment, and new risks may emerge; the company does not undertake to update these statements unless required by law[10] Item 9.01. Financial Statements and Exhibits Exhibits List This section lists the exhibits filed with the Form 8-K, including a press release providing the Q2 2025 guidance update and an interactive data file | Exhibit No. | Description of Exhibit | | :---------- | :--------------------- | | 99.1 | Press Release dated July 15, 2025 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | Signatures This section formally certifies the filing of the Form 8-K by an authorized officer of Jamf Holding Corp - The report was signed on behalf of JAMF HOLDING CORP. by Jeff Lendino, Chief Legal Officer, on July 15, 2025[14][15][16]