Jamf Announces First Quarter 2021 Financial Results
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Jamf Holding Corp. (JAMF) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q & FY21 Revenues Guidance Above Consensus
May 11, 2021 4:17 PM EDTJamf Holding Corp. (NASDAQ: JAMF) reported Q1 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $81.2 million versus the consensus estimate of $76.7 million.
First Quarter 2021 Financial Highlights:
ARR: ARR increased 37% year-over-year to $308.0 million as of March 31, 2021.Revenue: Total revenue was $81.2 million, an increase of 34% year-over-year. Recurring revenue was $74.9 million, an increase of 37% year-over-year.Gross Profit: GAAP gross profit was $63.9 million, or 79% of total revenue, compared to $45.4 million, or 75% of total revenue, in the first quarter of 2020. Non-GAAP Gross Profit was $67.1 million, or... More