JFrog Announces First Quarter Fiscal 2021 Results

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JFrog Ltd. (FROG) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q & FY21 Revenues Outlook

May 6, 2021 5:44 PM EDT

JFrog Ltd. (NASDAQ: FROG) reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $45.1 million versus the consensus estimate of $44.82 million.

First Quarter Financial Highlights

Revenue for the first quarter of 2021 was $45.1 million, an increase of 37% from $32.8 million for the first quarter of 2020.GAAP Gross Profit was $36.7 million; GAAP Gross Margin was 81.3%.Non-GAAP Gross Profit was $37.6 million; Non-GAAP Gross Margin was 83.4%.GAAP Operating Loss was ($10.6... More