JFrog Revenue Surges 224% YoY to $10.304 Billion
Q2 Financial Performance Highlights
JFrog Ltd (FROG) announced impressive financial results for the quarter ended June 2024, reporting a substantial revenue increase and steady financial metrics.
Key Metrics
- Revenue: $10.304 billion, up 224% year-over-year
- Cash, Cash Equivalents, and Investments: $5.913 million
- Remaining Performance Obligations: $2.720 million
- Earnings per Share: $0.15
Stock Performance
In the past month, JFrog shares have experienced a decline of 35%, slightly underperforming the Zacks SP 500 composite's 65% loss. Over the past year, JFrog's stock has returned -47% compared to theZacks SP 500's return.
Analyst Outlook
Following JFrog's Q2 earnings announcement on August 7, 2024, analysts are still evaluating the company's performance and providing updated estimates.
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