Jamf Holding Corp. Stock Price, News & Analysis

Jamf held an event showcasing innovations aimed at enhancing IT security and user access management for Apple devices. The company highlighted its integration of zero trust network access and partnerships with Microsoft, Google, and AWS to improve organizational device management. Over 7,000 organizations utilize Jamf Connect to streamline user provisioning. Key announcements include auto-activation features that simplify remote access and new conditional access controls integrated into existing platforms. Additionally, Jamf Safe Internet will extend to Windows PCs, providing web content filtering tailored for educational institutions. The updates are part of Jamf's strategy to simplify device management while enhancing security for diverse device ecosystems.

On April 20, 2023, Jamf (NASDAQ: JAMF) announced the launch of Jamf Executive Threat Protection, an advanced mobile device security solution. This tool enhances detection and response capabilities for organizations, especially targeted by sophisticated digital threats. Utilizing technology from the ZecOps acquisition, it reduces investigation times from weeks to minutes.

The service caters to various sectors, including government, media, and regulated industries, and features advanced threat-hunting capabilities and comprehensive event tracking. Powered by Jamf Threat Labs, the solution ensures that the integrity of devices remains intact while responding to potential compromises effectively. CEO Dean Hager emphasized the increasing necessity of mobile security in today’s digital landscape, showcasing Jamf's commitment to safeguarding high-risk users.

Jamf has become a member of the Microsoft Intelligent Security Association (MISA), an ecosystem focused on enhancing cybersecurity through collaboration among independent software vendors. This partnership is aimed at defending against sophisticated cyber threats.

The recent integration of Jamf Protect with Microsoft Sentinel, a cloud-native SIEM solution, allows organizations to monitor and secure their Mac and mobile device fleets more effectively. Nick Amundsen, Jamf's Senior VP of Strategy, emphasized the importance of this collaboration in enhancing visibility into security events.

This integration is available via the Microsoft Commercial Marketplace, making it accessible for organizations looking to streamline incident response and improve security posture.

Jamf (NASDAQ: JAMF) continues to lead in managing and securing Apple devices in the workplace, addressing the needs of deskless and mobile workers. The company empowers organizations to configure devices specifically for roles, manage shared devices securely, and adhere to security standards. Jamf's solutions are especially beneficial across various sectors, including transportation, healthcare, and retail.

Notable achievements include running over 1 million devices in healthcare and licensing 5,000 iOS seats for major retailers like Lenskart. Their services optimize operational workflows, enhance customer service, and ensure compliance. Jamf's commitment to transforming user experiences through dedicated device management continues to grow as industries increasingly adopt mobile technologies.

Jamf (NASDAQ: JAMF) announced it will report its first quarter 2023 financial results on May 4, 2023, after market close. A conference call and webcast will be held at 3:30 p.m. CT (4:30 p.m. ET) to discuss the financials and business performance. Investors can access the live event via Jamf's Investor Relations website. A replay will be available later that day.

Jamf aims to simplify work by providing comprehensive management and security solutions tailored for Apple environments, ensuring both user satisfaction and organizational security.

Jamf (NASDAQ: JAMF), a leader in managing and securing Apple devices, announced that its management team will present at the JMP Securities Technology Conference on March 7, 2023, at 9:00am Pacific Time. Investors can access a webcast of the event through the company’s investor relations website at ir.jamf.com.

Jamf's mission is to simplify work by enabling organizations to manage Apple environments efficiently while ensuring security and privacy. As the sole provider of a comprehensive management solution for Apple devices, Jamf focuses on making enterprise security user-friendly.

Jamf (NASDAQ: JAMF) announces its collaboration with Butterfly Network to deploy 1,000 Butterfly iQ+ ultrasound systems in Sub-Saharan Africa. The program aims to enhance maternal and fetal health by training 1,000 mid-level healthcare workers. Since launching in September 2022, 500 probes have been deployed, leading to tens of thousands of scans. Surveys show over 90% of healthcare workers have identified high-risk conditions using the technology. The initiative underscores how digital health tools can improve access to crucial medical imaging in resource-limited settings.

Jamf reported strong financial results for Q4 and FY 2022, showcasing a 26% revenue growth to $130.3 million in Q4 and a 31% increase to $478.8 million for the fiscal year. Notably, the company's ARR reached $512.5 million, up 24% year-over-year. Operational cash flow was robust at $90 million or 19% of total revenue. Despite a GAAP operating loss of $138.9 million for the year, non-GAAP operating income improved to $25.9 million. Looking ahead, for Q1 2023, Jamf anticipates revenue between $128.5 and $130.5 million and expects annual revenue of $559 to $563 million.