Jfrog Ltd Stock Price, News & Analysis

JFrog Ltd. (NASDAQ: FROG) reported a 38% increase in third-quarter revenue, totaling $53.7 million, compared to $38.9 million last year. Cloud revenue grew by 50%, contributing 24% of total revenue. The company also expanded its customer base, with 466 customers having an ARR greater than $100K, up 49%. JFrog completed the acquisition of Upswift and achieved significant metrics such as a 129% Net Dollar Retention rate. The fourth quarter outlook anticipates revenue between $57.5 million and $58.5 million.

JFrog Ltd (NASDAQ: FROG) will report its third quarter fiscal 2021 financial results on November 4, 2021, after market close. Following this, a conference call will be held at 2:00 p.m. PT (5:00 p.m. ET) for interested parties to discuss the results in real-time.

JFrog aims to enhance software delivery pipelines with its DevOps Platform, utilized by numerous Fortune 100 companies. The upcoming results are anticipated to provide insights into the company's financial performance and growth prospects.

JFrog Ltd. (NASDAQ: FROG) announced its designation as a CVE Numbering Authority (CNA) by the Common Vulnerabilities and Exposures (CVE) Program. This certification empowers JFrog to assign CVE IDs for newly discovered security vulnerabilities, enhancing collaboration with the global security community. JFrog aims to accelerate threat detection and provide its customers with timely vulnerability information. By joining a select group of CNAs, including major tech firms, JFrog reinforces its commitment to improving cybersecurity and protecting critical infrastructure.

JFrog has announced that its Artifactory and Xray solutions are now accredited under the DoD's Platform One initiative, reinforcing its commitment to secure DevOps for public sector customers. This accreditation allows developers to access a centralized repository of Iron Bank-certified resources, aiding rapid software deployment while ensuring security. The Iron Bank is the DoD's repository of hardened container images. This achievement positions JFrog favorably in regulated sectors, including finance and healthcare, where security is paramount.

JFrog Ltd. (NASDAQ: FROG) announced that its Artifactory and Xray solutions have been verified as secure for use under the U.S. Department of Defense’s Platform One DevSecOps Software Initiative. This accreditation allows developers access to a centralized binary repository with resources hardened to the DoD’s specifications. The certification reinforces JFrog's commitment to providing secure DevOps solutions to public sector customers. Over 800 certified containers are currently available, aiming to enhance software development security for government entities.

JFrog Ltd. (FROG) announced the acquisition of Upswift, a developer-focused connected device management software provider. This move aims to create the industry's first comprehensive development-to-device platform, facilitating integration between DevOps and IoT processes. By automating software updates and enhancing security for IoT devices, the acquisition targets a projected $16 billion market by 2026. The transaction is not expected to impact JFrog's financial results materially for Q3 or the full year 2021, positioning the company for future growth in digital transformation initiatives.

JFrog Ltd. (NASDAQ: FROG) has announced a strategic alliance with SB C&S Corp. to enhance DevOps adoption across over 12,000 companies in Japan. This partnership aims to enable faster and secure software releases using the JFrog Platform. JFrog's DevOps Platform is already utilized by more than 6,000 companies worldwide, including many Fortune 100 firms. Key offerings like JFrog Artifactory, Xray, and Pipelines will be made available to the Japanese market immediately, emphasizing JFrog's commitment to expanding its presence in Asia.

JFrog Ltd. (NASDAQ: FROG) announced that Co-Founder and CEO Shlomi Ben Haim and CFO Jacob Shulman will present at the Jefferies Virtual Software Conference on September 14, 2021, at 1:00pm PT / 4:00pm ET. A live webcast and replay will be accessible on the Company’s investor relations website. JFrog, known for its liquid software mission, empowers seamless software delivery via its hybrid platform, which supports multiple cloud environments and is utilized by many Fortune 100 companies. For more details, visit jfrog.com.

JFrog Ltd. (NASDAQ: FROG) announced that Co-Founder and CEO Shlomi Ben Haim, alongside CFO Jacob Shulman, will present at KeyBanc's Virtual Technology Leadership Forum on August 10, 2021, at 1:00 PM PT / 4:00 PM ET. A live webcast and replay of the event can be accessed via the Company’s investor relations website.

JFrog specializes in DevOps solutions, aiming to streamline software delivery from development to production. Their platform, available in various forms including open-source and SaaS, supports major cloud services.