Jamf Holding Corp. Stock Price, News & Analysis

Jamf (NASDAQ: JAMF) announced that it will report its fourth quarter and fiscal year 2022 financial results on February 28, 2023, after market close. A conference call is scheduled for 3:30 p.m. CT (4:30 p.m. ET) to discuss these results. This report comes as Jamf, a leader in managing and securing Apple environments, prepares to share its performance metrics, essential for investors tracking the company's growth and market position. Interested parties can join the live webcast on Jamf’s Investor Relations website.

Jamf (NASDAQ: JAMF), a leader in managing Apple environments, announced their participation in the 25th Annual Needham Growth Conference on January 12, 2023, at 2:15 PM ET. The event showcases Jamf's commitment to simplifying work for organizations by providing comprehensive management and security solutions tailored for Apple devices.

A webcast of the presentation will be accessible on Jamf's investor relations website, ensuring stakeholders can engage with the company's strategic insights. For more details, visit Jamf Investor Relations.

Jamf (NASDAQ: JAMF) reported significant growth as of December 31, 2022, boasting approximately 71,000 active customers and managing around 30 million devices globally. The company achieved a 20% year-over-year increase in devices under management with its flagship product, Jamf Pro. Jamf also strengthened its security solutions, now utilized by over 13,000 customers. Key developments in 2022 included the launch of the Jamf Safe Internet and endpoint security enhancements, establishing Jamf as a leader in the unified endpoint management space. The company was recognized in industry awards, demonstrating its commitment to innovation and customer satisfaction.

Jamf has announced updates to Jamf Protect, enhancing security features to comply with Executive Order 14028. Key updates include endpoint telemetry for compliance, robust security telemetry for threat hunting, and an offline deployment mode for high compliance environments. The improvements aim to provide organizations with essential tools for incident investigation and proactive threat monitoring. By integrating these features, Jamf Protect positions itself as a powerful solution for organizations, particularly government agencies, needing stringent data handling and security measures.

Jamf has announced a new integration with Amazon Web Services (AWS) called AWS Verified Access, aimed at enhancing security for organizations using both platforms. This integration ensures that devices meet specific security criteria before accessing sensitive AWS services. Customers can set flexible policies based on factors like device management status, IP address range, and operating system version. The partnership is a part of Jamf’s broader security vision, emphasizing device and user trust in cloud environments.

Jamf (NASDAQ: JAMF) has successfully acquired ZecOps, a leading mobile detection and response provider, enhancing its capacity to bolster mobile security for organizations. This acquisition will streamline mobile security investigations and address the rising threats from sophisticated cyber attacks. Dean Hager, CEO of Jamf, highlighted that ZecOps' capabilities complement Jamf's existing platform, providing a deeper level of security insights. The deal aligns with the growing trend of mobile device usage in corporate environments, with mobile devices now accounting for 59% of global web traffic.

Jamf (NASDAQ: JAMF) announced that its management team will present at the RBC Capital Markets Global Technology, Internet, Media and Telecom Conference on November 15, 2022, at 12:50 pm Eastern Time. Investors can access a webcast of the event via the investor relations section of Jamf's website. Jamf specializes in Apple Enterprise Management, promoting an exceptional Apple experience for businesses, schools, and government organizations. For more details, visit www.jamf.com.

Jamf announced its partnership with Moveworks to utilize the latter's conversational AI platform, enhancing support for its hybrid workforce. The AI will provide Jamf employees with 24/7, autonomous assistance for IT issues, addressing the complexities faced in hybrid work environments. With this initiative, Jamf aims to improve employee support efficiency and personalization. This strategy is vital as 100% of Fortune 500 companies use Apple products, leading to an increased demand for Jamf's services.

Jamf (NASDAQ: JAMF) reported strong Q3 2022 results, with total revenue growing 30% year-over-year to $124.6 million. Annual recurring revenue (ARR) also increased by 27% to $490.5 million. Despite a GAAP operating loss of $28.6 million, non-GAAP operating income reached $6.9 million. The company generated $63.2 million in cash flow from operations. Looking ahead, Jamf expects Q4 revenue between $128.5 million and $129.5 million, and full-year revenue to be $477 million to $478 million. The company is also expanding its capabilities through acquisitions and partnerships.