Jfrog Ltd Stock Price, News & Analysis

JFrog Ltd. (NASDAQ: FROG) has launched a new Docker Desktop Extension for JFrog Xray aimed at helping developers by performing early vulnerability scanning and violation flagging in the software lifecycle. Available through a free tier subscription, this integration enhances productivity, reduces risks, and accelerates deployment. In light of increasing software supply chain attacks, the partnership with Docker empowers developers to address security vulnerabilities swiftly. The extension offers features like auditing security and conducting forensic investigations on Docker containers.

JFrog Ltd. reported first-quarter revenue of $63.7 million, a 41% increase year-over-year, with cloud revenues rising 63%. Their customer base expanded, with 599 customers having annual recurring revenue (ARR) over $100k, representing a 52% growth. Gross profit was $49.8 million, yielding a gross margin of 78.2%. The company anticipates Q2 revenue between $65 million and $66 million and fiscal year revenue guidance of $276.5 million to $278.5 million.

JFrog Ltd. announced support for Terraform in its Artifactory platform, enhancing developers' workflows across cloud platforms. This feature promotes a cohesive approach to managing Infrastructure-as-Code (IaC) configurations. By integrating Terraform, JFrog Artifactory will enable reliable, traceable management of cloud infrastructure, minimizing operational drift. The support for Terraform files is available immediately, aiming to consolidate DevOps processes while ensuring continuous software delivery.

JFrog Ltd has appointed Kelly Hartman, a former leader at IBM, AWS, and Cisco, as the new Senior Vice President of Channels and Alliances. Hartman will focus on expanding JFrog's growth through technology alliances and partnerships. She brings substantial experience in channel strategy and ecosystem development, having previously led the Red Hat Marketplace ecosystem at IBM and the AWS Partner Network initiatives. This strategic hire aims to strengthen JFrog's position in the DevOps sector.

JFrog Ltd (NASDAQ: FROG) will announce its first quarter fiscal year 2022 financial results on May 9, 2022, post-market close. A conference call is scheduled for 2:00 p.m. PT to discuss the results. The company is known for its JFrog DevOps Platform, which supports software supply chains for numerous clients, including many Fortune 100 companies. JFrog aims to enhance software updates through its 'Liquid Software' vision, facilitating secure and efficient binary management in various cloud environments.

JFrog Ltd. has announced a partnership with Softline India to enhance digital transformation and software supply chain security in India. This collaboration enables Indian organizations to access the JFrog DevOps Platform and benefit from Softline's consulting services, focusing on secure asset management and vulnerability management. The Indian DevOps market is projected to grow at a CAGR of 14% from 2020 to 2025, reflecting increasing demand for scalable solutions in software delivery. This partnership aims to meet the evolving needs of businesses across various sectors.

JFrog Ltd (NASDAQ: FROG) announced its collaboration with Amazon Web Services (AWS) under the AWS for Games initiative, aimed at enhancing game development. This partnership provides developers with a scalable, secure repository for software packages, leading to improved productivity and security. JFrog's platform supports over 30 package technologies, enabling faster software updates. The gaming market is projected to reach $14B by 2022, and JFrog's tools are designed to meet the growing demands for rapid feature updates. Major gaming companies already utilize JFrog's solutions.

JFrog Ltd (NASDAQ:FROG) has announced that CFO Jacob Shulman will present at Morgan Stanley's Technology, Media and Telecom Conference on March 7, 2022, at 4:15 PM ET. The event will be accessible via live webcast and replay on JFrog's investor relations website. As a leader in Liquid Software, JFrog aims to facilitate seamless software updates through its DevOps Platform, serving millions of users and major clients worldwide. Learn more about JFrog's mission to enhance digital transformation by visiting their website.

JFrog Ltd. (NASDAQ: FROG) has launched enhancements to its JFrog Xray DevSecOps solution, incorporating advanced contextual analysis capabilities. This update allows customers to evaluate the relevance and threat levels of known vulnerabilities, referred to as CVEs, more efficiently. The new features are part of JFrog's strategy following its acquisition of Vdoo in June 2021, enabling automated, scalable identification and prioritization of vulnerabilities. These advancements are aimed at improving security response times for DevSecOps teams, helping them focus on critical threats amidst increasing software vulnerabilities.