Welcome to our dedicated page for Jamf Holding news (Ticker: JAMF), a resource for investors and traders seeking the latest updates and insights on Jamf Holding stock.
Jamf Holding Corp. (NASDAQ: JAMF) is a software company focused on managing and securing Apple technology in the workplace, and its news flow reflects that focus on Apple-first endpoint management, security, and automation. Company announcements highlight developments across device management, security capabilities, identity and access management, analyst recognition, and corporate transactions.
Investors and technology professionals following Jamf news will see regular updates on its Apple-first platform, including enhancements in unified endpoint management, security features, and AI-driven automation. Recent announcements describe Jamf’s recognition as a Leader in the Gartner Magic Quadrant for Endpoint Management Tools and in several IDC MarketScape reports for unified endpoint management software, including categories dedicated to Apple devices and frontline or IoT devices.
Jamf’s news also covers product and feature launches, such as AI-powered forensic analysis for Jamf Executive Threat Protection, which is designed to accelerate mobile forensic investigations and help organizations detect sophisticated attacks targeting high-value users. Other updates include identity and access management developments through RapidIdentity, a platform purpose-built for education that has been selected for a major higher education purchasing consortium contract in Ohio.
Corporate and strategic news items include Jamf’s partnership with UberEther to pursue FedRAMP High and U.S. Department of Defense Impact Level 5 authorization for its Apple-first cloud solutions, as well as financial results and metrics such as subscription revenue and annual recurring revenue. A significant portion of recent news is devoted to Jamf’s definitive agreement to be acquired by affiliates of Francisco Partners, under which Jamf is expected to become a privately held company after satisfying closing conditions.
Visitors to this JAMF news page can review these updates in one place, including press releases on leadership appointments, industry event participation, analyst recognitions, security enhancements, identity solutions, public sector initiatives, financial disclosures, and the pending acquisition transaction.
Jamf (NASDAQ: JAMF) will report its first quarter 2021 financial results on May 11, 2021, after market close. A conference call will follow at 3:30 p.m. CT (4:30 p.m. ET) to discuss the results. Investors can join via phone or a live webcast at ir.jamf.com. An archive of the call will be available afterwards. Jamf specializes in Apple Enterprise Management, providing software solutions and a community for IT administrators focused on Apple technology.
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Jamf (NASDAQ: JAMF) announced significant enhancements to its security capabilities by integrating Jamf Protect with Microsoft Azure Sentinel. This collaboration aims to help organizations improve their Mac security management through better visibility and incident response automation. Additionally, Jamf has migrated over 100 software titles from Mondada’s Kinobi to Jamf Pro, offering IT admins a robust application management solution without extra costs. These updates promise to enhance user productivity and streamline workflows within the Apple ecosystem.
Jamf reported a strong Q4 2020 performance with total revenue of $76.4 million, a 34% increase year-over-year. Recurring revenue grew 40% to $70.0 million. Annual revenue reached $269.5 million, a 32% growth. ARR also saw a 37% increase to $285.3 million. Despite a GAAP operating loss of $11.9 million, non-GAAP operating income was $3.0 million. The company expects Q1 2021 revenue between $76 to $77 million, and full-year 2021 revenue of $330 to $336 million.
Jamf has acquired the technical assets of cmdSecurity, enhancing its security capabilities within the Apple Enterprise Management sector. The acquisition includes cmdReporter, a suite of compliance tools for macOS, aimed at improving IT security amidst rising cybersecurity risks. cmdReporter provides critical telemetry data and exceeds compliance standards, targeting industries with strict oversight such as finance and healthcare. The creators of cmdReporter have joined Jamf, indicating a commitment to innovation in security products, although no transaction value was disclosed.
Jamf (NASDAQ: JAMF) is innovating with new patented workflows designed to streamline tasks across enterprise, healthcare, and education sectors. Their solutions, including Virtual Visits and the Jamf Assessment app, enhance remote interactions and ensure compliance with exam standards. Notably, Jamf's partnership with Cathay Pacific Airways resulted in the deployment of 5,000 iPads for critical workflows amid the pandemic. These innovations emphasize Jamf's commitment to improving user experiences with Apple devices while addressing operational challenges faced by their clients.
Jamf (NASDAQ: JAMF) is enhancing Apple Enterprise Management in educational institutions globally, particularly in response to distance learning demands. Government funding in Germany, through the Corona Emergency Fund and the DigitalPakt Schule, has led to significant technology implementation, including 100,000 iPads for Bremen schools. Similarly, Japan's GIGA School project aims to provide devices to 9 million students. By partnering with telecoms and education bodies, Jamf is facilitating access to technology and ensuring continuity in education. This investment reflects an ongoing commitment to digital transformation in the education sector.
Jamf (NASDAQ: JAMF) will report its fourth quarter and fiscal year 2020 financial results on March 4, 2021, after market close. The results will cover the period ending December 31, 2020. A conference call and webcast are scheduled for 3:30 p.m. CT (4:30 p.m. ET) the same day, where management will discuss the results. Interested parties can join the call or access a live webcast through Jamf's Investor Relations page.
Jamf (NASDAQ: JAMF) has partnered with TRUCE Software to introduce Jamf Worker Safety, an innovative mobile device management solution designed for the deskless workforce. This solution enhances worker safety by dynamically adjusting device functionalities based on the user’s environment.
The partnership aims to balance user experience with employer safety requirements, ensuring privacy while enforcing mobile use policies. This breakthrough technology offers contextual management for Apple devices within various work conditions.
Jamf (NASDAQ: JAMF) has been recognized as a leader in IDC's inaugural "Worldwide Unified Endpoint Management Software for Apple Devices 2021 Vendor Assessment." This acknowledgment highlights the growing adoption of Apple devices in enterprises, with macOS penetration increasing to 23% in the U.S. The assessment praises Jamf for its strong Mac management features, an extensive ecosystem of integrations, and consistent feature support for new Apple operating systems. Jamf is focused on enhancing the Apple user experience while easing IT management burdens for over 47,000 customers.