Jfrog Ltd Stock Price, News & Analysis

JFrog Ltd. (FROG) reported a 39% year-over-year increase in total revenues for Q2 2022, reaching $67.8 million. Cloud revenues surged 68%, driven by strong demand for hybrid and multi-cloud solutions. The number of customers generating over $100k ARR grew by 56%. Despite revenue growth, GAAP net loss per share was ($0.24), and a GAAP operating loss of ($22.4 million) was reported. The company provided guidance for Q3 2022, projecting revenue between $70.5 million and $71.5 million.

JFrog Ltd (NASDAQ: FROG) will present at the KeyBanc Technology Leadership Forum on August 8, 2022, at 12:00 p.m. ET in Vail, Colorado. The event will be accessible via a live webcast and recorded for later viewing on JFrog's investor relations website. As a leader in DevOps solutions, JFrog enables secure software updates and binary lifecycle management across major cloud providers. The company supports millions of users globally, including many Fortune 100 firms, in their digital transformation journeys.

JFrog Ltd. (NASDAQ: FROG) announced its JFrog Xray now supports AWS Security Hub, enhancing cybersecurity incident management for cloud developers. This integration allows users to centralize and prioritize vulnerability alerts and automate remediation workflows, streamlining security processes. JFrog was recognized under the AWS DevSecOps Competency for its security capabilities. The partnership enables customers to reduce the vendor assessment cycle significantly through AWS Marketplace Vendor Insights, providing validated security profiles.

JFrog Ltd (NASDAQ: FROG) announced it will report its second quarter fiscal 2022 financial results on August 3rd, 2022, after the market closes. The company will hold a conference call at 2:00 p.m. PT to discuss these results. JFrog aims to enhance software development with its DevOps platform, catering to a diverse clientele, including many Fortune 100 firms. This platform facilitates secure and efficient software updates, aligning with JFrog's vision of 'Liquid Software'. For more details, visit their investor page.

JFrog Ltd (NASDAQ: FROG) has launched a new app for Microsoft Teams that enhances real-time visibility and notifications regarding security and build incidents. This integration allows development teams to efficiently communicate across departments when faced with issues like failed builds and security vulnerabilities. Key benefits include accelerated vulnerability resolution, improved collaboration, and enhanced quality assurance. The app aims to streamline workflows and expedite issue resolutions, ensuring that software development remains on track and secure.

JFrog has appointed Vicky (Jia Yu) Chan as the new General Manager and Country Manager for JFrog Japan K.K. Chan, an industry veteran with over 20 years of experience, will focus on growing partnerships, increasing customer adoption, and driving revenue in Japan. Her previous role at NashTech Limited involved significant revenue growth in various sectors. The appointment aims to enhance JFrog's presence in the Japanese market, where companies are increasingly adopting DevOps and security solutions to support digital transformation.

JFrog Ltd (NASDAQ: FROG) has announced new integrations of JFrog Xray with ServiceNow Lightstep and Spoke to enhance security incident response and software supply chain management. These integrations provide real-time insights into security vulnerabilities and compliance issues, facilitating cross-department collaboration for quicker remediation. This development aims to improve the speed and efficiency of software updates while maintaining security, marking a significant advancement in the company's offerings.

JFrog Ltd has announced Project Pyrsia, a collaborative initiative with Docker, DeployHub, Futurewei, and Oracle, aimed at establishing a decentralized network utilizing blockchain technology to enhance the security of open-source software packages. This open-source project seeks to validate the provenance and integrity of software binaries, responding to the rising threats of software supply chain attacks. Available immediately for sign-ups, Pyrsia aims to provide developers with tools for securely managing software dependencies, ensuring trustworthiness without complicating existing workflows.

JFrog Ltd (NASDAQ: FROG) has launched JFrog Connect, a solution for managing and securing Linux and IoT devices at scale. The product ensures automated and secure software updates, addressing the challenges of operational workflows in distributed environments. By integrating with the JFrog Platform, it promotes continuous delivery and enhances vulnerability management. Key features include over-the-air updates, automatic rollback, and comprehensive monitoring. JFrog Connect is poised to improve security and efficiency for various industries, including retail, energy, and manufacturing.