Jamf Holding Corp. Stock Price, News & Analysis

Jamf has launched Jamf Fundamentals, a new mobile device management (MDM) plan tailored for small-midsized businesses. This offering merges robust MDM technology with features like malware prevention, password sync, and Self Service for Mac, enabling users to deploy apps and manage devices with ease. Available for $4/device/month, Jamf Fundamentals aims to bridge the gap between Apple’s offerings and enterprise needs, providing a comprehensive solution for organizations to enhance productivity and security.

Jamf (NASDAQ: JAMF) has announced its readiness to support Apple’s latest operating systems, including iOS 15.4, iPadOS 15.4, tvOS 15.4, and macOS 12.3, as of March 15, 2022. This same-day support enables customers to upgrade immediately, ensuring secure operations while minimizing downtime. Key benefits include enhanced security against vulnerabilities, uninterrupted integrations with Apple services, and improved user productivity through immediate access to new features. Jamf continues this support tradition, which it has upheld since 2002.

Jamf (NASDAQ: JAMF) has launched a new bring-your-own-device (BYOD) offering to help organizations manage personally-owned devices while protecting employee privacy. This service utilizes Apple’s Service Discovery feature to streamline device enrollment and keep personal and corporate data separate. Key benefits include improved security by reducing phishing risks, efficient IT management of corporate data, enhanced employee privacy, and a user-friendly enrollment process. The offering is available at no extra cost with Jamf’s Business and Enterprise plans or for $6 per device annually.

Jamf reported a strong financial performance for Q4 and the fiscal year ended December 31, 2021, showcasing a 36% year-over-year revenue growth to $103.8 million in Q4 and $366.4 million for the year. The Annual Recurring Revenue (ARR) surged by 45% to reach $412.5 million. Cash flow from operations was $65.2 million, supporting an unlevered free cash flow of $66.4 million, or 18% of total revenue. Despite operational losses, Jamf is optimistic about its growth trajectory, with forecasted revenue for Q1 2022 projected between $104.5 million and $106.5 million.

Jamf (NASDAQ: JAMF) announced a new integration with Google Cloud’s BeyondCorp Enterprise, enhancing macOS compliance for Apple administrators. This partnership enables organizations to provide secure access for users outside corporate networks. The integration combines Jamf's device management with Google Cloud's security features, ensuring trusted access to Google Workspace. Additionally, Jamf's new workflow with Google Identity allows seamless Mac account creation and password synchronization. This collaboration aims to improve security, management, and productivity for remote workforces.

Jamf (NASDAQ: JAMF) announced its fourth quarter and fiscal year 2021 financial results will be reported on March 1, 2022, after market close. The company will hold a conference call at 3:30 p.m. CT (4:30 p.m. ET) to discuss the outcomes. Investors can access the live call at (833) 519-1319 or via a webcast on the Jamf Investor Relations page. An archival of the call will be available for replay until March 8, 2022.

Jamf announced it currently operates on 26.5 million devices globally, empowering over 36 million students across more than 32,000 schools. Its education product, Jamf School, has exceeded 5 million devices, showcasing the company's growth in the educational sector. Recent features introduced include Jamf Safe Internet, remote proctoring, and Jamf Educator platform to support hybrid learning. These enhancements aim to create adaptable learning environments and ensure safety and engagement for students, regardless of their learning setting.

Belkin has partnered with Jamf and the nonprofit MATTER to provide electronic accessories to MATTER Innovation Hubs globally. The donation aims to enhance learning environments in locations including Afghanistan, Senegal, Uganda, Haiti, Zimbabwe, and St. James, Minnesota. Belkin's products, essential for technology-driven education, include HDMI cables, audio splitters, USB-C adapters, and screen protectors. This initiative reflects Belkin's commitment to empowering future generations through technology, as stated by CEO Steve Malony, emphasizing education and community impact.

Jamf announces a successful 2021, increasing its customer base by 13,000 and device count by 6 million, now serving over 60,000 customers and managing approximately 26.5 million devices globally. Key management promotions include John Strosahl as President and COO, and Beth Tschida as CTO. Major acquisitions, such as Wandera and cmdReporter, have enhanced Jamf's security offerings, positioning it favorably in the Apple Enterprise Management market. The company celebrates high customer retention rates and recognition as a top workplace.