Jamf Expects Total Revenue Of $148M-$150M For Q1 (Est $150.656M), $614.5M-$619.5M For 2024 (Est $641.828M)
Portfolio Pulse from Benzinga Newsdesk
Jamf has provided its revenue expectations, forecasting $148M-$150M for Q1, slightly below the estimated $150.656M. For the full year 2024, the company anticipates revenues between $614.5M-$619.5M, which is below the expected $641.828M.
February 27, 2024 | 9:48 pm
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Jamf's revenue forecast for Q1 and the full year 2024 falls short of market expectations, indicating potential challenges ahead.
Jamf's announcement of lower-than-expected revenue forecasts for both Q1 and the full year 2024 could lead to negative investor sentiment in the short term. This discrepancy between the company's forecasts and market expectations may raise concerns about growth prospects and operational challenges, potentially impacting the stock price negatively.
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IMPORTANCE 90
RELEVANCE 100