JFrog Sees Q2 2024 Adj. EPS $0.13-$0.15 Vs $0.14 Est.; Revenue $103M-$104M Vs $103.131M Est.
Portfolio Pulse from Benzinga Newsdesk
JFrog projects its Q2 2024 adjusted EPS to be between $0.13 and $0.15, compared to the estimated $0.14. The company also forecasts revenue to be in the range of $103M to $104M, closely aligning with the estimated $103.131M.
May 09, 2024 | 8:15 pm
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JFrog anticipates its Q2 2024 adjusted EPS to range between $0.13 and $0.15, which is in line with the analyst estimate of $0.14. Revenue projections of $103M to $104M are also in line with expectations.
JFrog's projected earnings and revenue for Q2 2024 are closely aligned with analyst expectations, indicating a neutral short-term impact on its stock price. The guidance suggests stability in JFrog's financial performance, which is likely to maintain investor confidence without causing significant price movements.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100