Jamf (JAMF) FY Conference June 03, 2025 11:40 AM ET Speaker0 Today, as well as over the the webcast, really excited to have David Ruto, Chief Financial Officer of Jamf, and Jennifer Goemund, Head of Investor Relations for Jamf. Before we kick off, my name is Jacob Reberge. I am the research analyst at William Blair that covers Jamf. For a full list of our research disclosures, please visit our website at williamblair.com. Well, before we get into a fireside chat, David's actually gonna kick things off with ...

Core Insights - Okta Inc. reported strong fourth-quarter earnings, with adjusted earnings of 78 cents per share and revenue of $682 million, marking a 13% increase year-over-year, surpassing analyst expectations [2] - The company's stock surged 22% following the earnings report, indicating a positive market reaction and positioning for its best day in over a year [1] - CEO Todd McKinnon highlighted a "blowout quarter" with bookings exceeding $1 billion for the first time, and projected first-quarter revenue between $678 million and $680 million, also above estimates [2] Financial Performance - Adjusted earnings were 78 cents per share, beating the average analyst estimate of 73 cents [2] - Revenue for the fourth quarter was $682 million, exceeding the expected $669.6 million [2] - Year-to-date, Okta shares have rallied approximately 35%, recovering from a 13% slump in 2024 [3] Market Position and Strategy - Okta is positioned as a leader in the identity management market, with a focus on consolidating disparate identity systems for customers [3] - The company is taking steps to enhance its market leadership and capitalize on the growing demand for comprehensive identity security solutions [3] - Wall Street firms, including D.A. Davidson and Mizuho, have upgraded their ratings on Okta, citing durable double-digit growth potential and increased confidence in the company's subscription backlog [4][5] Future Outlook - The company anticipates continued momentum into FY 2026, driven by new product offerings that are expected to contribute significantly to revenue [5] - Analysts express optimism about Okta's ability to benefit from its growing suite of identity management products [5]