Jamf Holding: Q4 Earnings Snapshot

Associated Press
·1 min read

MINNEAPOLIS (AP) _ Jamf Holding Corp. (JAMF) on Thursday reported a loss of $9 million in its fourth quarter.

The Minneapolis-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The company posted revenue of $76.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $70.5 million.

For the year, the company reported a loss of $22.8 million, or 21 cents per share. Revenue was reported as $269.5 million.

For the current quarter ending in April, Jamf Holding said it expects revenue in the range of $76 million to $77 million.

The company expects full-year revenue in the range of $330 million to $336 million.

Jamf Holding shares have increased 22% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JAMF at https://www.zacks.com/ap/JAMF

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