Jfrog Ltd reports results for the quarter ended in December - Earnings Summary

Jfrog

09/02/2023 19:15

* Jfrog Ltd  FROG.OQ  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for earnings
of 2 cents per share.
    * Revenue rose 29.2% to $76.55 million from a year ago;
analysts
expected $77.04 million. 
    * Jfrog Ltd's reported EPS for the quarter was a loss of 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Jfrog Ltd shares had risen by 12.5% this quarter.
    * The company reported a quarterly loss of $23.16 million.
    * Wall Street's median 12-month price target for Jfrog Ltd
is
$27.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 07:14 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.02           0.04           Beat
 Sep. 30 2022      0.00           0.02           Beat
 Jun. 30 2022      -0.03          -0.02          Beat
 Mar. 31 2022      0.00           0.00           Met