Latest news with #DevOps
Yahoo
17 hours ago
- Business
- Yahoo
JFrog (NASDAQ:FROG) Posts Better-Than-Expected Sales In Q2, Stock Jumps 13.3%
Software development tools maker JFrog (NASDAQ:FROG) announced better-than-expected revenue in Q2 CY2025, with sales up 23.5% year on year to $127.2 million. Guidance for next quarter's revenue was better than expected at $128 million at the midpoint, 1.6% above analysts' estimates. Its non-GAAP profit of $0.18 per share was 10.1% above analysts' consensus estimates. Is now the time to buy JFrog? Find out in our full research report. JFrog (FROG) Q2 CY2025 Highlights: Revenue: $127.2 million vs analyst estimates of $122.9 million (23.5% year-on-year growth, 3.5% beat) Adjusted EPS: $0.18 vs analyst estimates of $0.16 (10.1% beat) Adjusted Operating Income: $19.36 million vs analyst estimates of $17.61 million (15.2% margin, 9.9% beat) The company lifted its revenue guidance for the full year to $508.5 million at the midpoint from $502.5 million, a 1.2% increase Management reiterated its full-year Adjusted EPS guidance of $0.69 at the midpoint Operating Margin: -20.4%, down from -18.6% in the same quarter last year Free Cash Flow Margin: 27.9%, up from 23% in the previous quarter Customers: 1,076 customers paying more than $100,000 annually Net Revenue Retention Rate: 118%, up from 116% in the previous quarter Billings: $149 million at quarter end, up 31.7% year on year Market Capitalization: $4.81 billion 'With a unified focus on DevOps, Security, and MLOps, JFrog has positioned itself as a system of record for all software packages, and a leader in the fast-growing AI ecosystem as a gold-standard model registry,' said Shlomi Ben Haim, CEO, JFrog. Company Overview Named after the founders' affinity for frogs, JFrog (NASDAQ:FROG) provides a software-as-a-service platform that makes developing and releasing software easier and faster, especially for large teams. Revenue Growth Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Luckily, JFrog's sales grew at a solid 24.8% compounded annual growth rate over the last three years. Its growth beat the average software company and shows its offerings resonate with customers. This quarter, JFrog reported robust year-on-year revenue growth of 23.5%, and its $127.2 million of revenue topped Wall Street estimates by 3.5%. Company management is currently guiding for a 17.4% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 13.3% over the next 12 months, a deceleration versus the last three years. Still, this projection is healthy and implies the market sees success for its products and services. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Billings Billings is a non-GAAP metric that is often called 'cash revenue' because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. JFrog's billings punched in at $149 million in Q2, and over the last four quarters, its growth was fantastic as it averaged 29.6% year-on-year increases. This alternate topline metric grew faster than total sales, meaning the company collects cash upfront and then recognizes the revenue over the length of its contracts - a boost for its liquidity and future revenue prospects. Customer Retention One of the best parts about the software-as-a-service business model (and a reason why they trade at high valuation multiples) is that customers typically spend more on a company's products and services over time. JFrog's net revenue retention rate, a key performance metric measuring how much money existing customers from a year ago are spending today, was 117% in Q2. This means JFrog would've grown its revenue by 16.7% even if it didn't win any new customers over the last 12 months. JFrog has a good net retention rate, proving that customers are satisfied with its software and getting more value from it over time, which is always great to see. Key Takeaways from JFrog's Q2 Results We were impressed by how significantly JFrog blew past analysts' billings, EPS, and EBITDA expectations this quarter. We were also happy it lifted its full-year revenue guidance. On the other hand, its full-year EPS guidance fell slightly short of Wall Street's estimates, but we still think this print had some key positives. The stock traded up 14% to $44.27 immediately following the results. So should you invest in JFrog right now? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free. 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Web Release
6 days ago
- Business
- Web Release
Red Hat Named a Leader in Multicloud Container Platforms by Independent Research Firm for 2025
Red Hat, the world's leading provider of open source solutions, has announced that it has been named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 report. Red Hat scored the highest among evaluated vendors in both the current offering and strategy categories. Red Hat attributes this recognition to its strong execution in the multicloud container platform market. According to the Forrester report, 'OpenShift is a good fit for enterprises that prioritize support, reliability, and advanced engineering, particularly in regulated industries such as financial services.' The report also notes that, 'customers consistently praise Red Hat's enterprise-grade offerings and support, especially for managed services…' Forrester's analysis found that 'Red Hat excels in core Kubernetes areas, offering robust operator options, powerful management, GitOps automation, and flexible interfaces via a GUI or command-line interface (CLI). OpenShift's SLAs of 99.95% for public cloud managed-service versions showcase Red Hat's capacity to engineer capabilities beyond those of native public cloud services.' Additionally, it states that, 'Developers will find just about everything they need with Red Hat's above-par scores in developer experience, service and application catalogs, microservices, service mesh, DevOps automation, and integration.' Red Hat is also applying its entire hybrid cloud stack — from the critical Linux foundation of Red Hat Enterprise Linux to optimize model serving and advanced inference — to support generative AI (gen AI) development and operations. Supporting Quotes Mike Barrett, Vice President & General Manager, Hybrid Cloud Platforms, Red Hat: 'Red Hat continues to provide the leading platform for organizations navigating the complexities of multicloud environments. Being named a Leader in The Forrester Wave™ for Multicloud Container Platforms reinforces our commitment to delivering robust, enterprise-grade solutions that empower our customers to innovate with confidence across their hybrid cloud footprints. Our focus on core Kubernetes capabilities, strong developer experience and strategic AI integrations positions us well for the evolving needs of the market. Sovereign cloud, coupled with the digital independence required to get the most from AI, have made multicloud investments a leading priority for our global customers. '
Mid East Info
31-07-2025
- Business
- Mid East Info
Red Hat Named a Leader in Multicloud Container Platforms by Independent Research Firm for 2025 - Middle East Business News and Information
Red Hat OpenShift is recognized for its robust capabilities in core Kubernetes areas, developer experience and enterprise-grade offerings Red Hat, the world's leading provider of open source solutions, has announced that it has been named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 report. Red Hat scored the highest among evaluated vendors in both the current offering and strategy categories. Red Hat attributes this recognition to its strong execution in the multicloud container platform market. According to the Forrester report, 'OpenShift is a good fit for enterprises that prioritize support, reliability, and advanced engineering, particularly in regulated industries such as financial services.' The report also notes that, 'customers consistently praise Red Hat's enterprise-grade offerings and support, especially for managed services…' Forrester's analysis found that 'Red Hat excels in core Kubernetes areas, offering robust operator options, powerful management, GitOps automation, and flexible interfaces via a GUI or command-line interface (CLI). OpenShift's SLAs of 99.95% for public cloud managed-service versions showcase Red Hat's capacity to engineer capabilities beyond those of native public cloud services.' Additionally, it states that, 'Developers will find just about everything they need with Red Hat's above-par scores in developer experience, service and application catalogs, microservices, service mesh, DevOps automation, and integration.' Red Hat is also applying its entire hybrid cloud stack — from the critical Linux foundation of Red Hat Enterprise Linux to optimize model serving and advanced inference — to support generative AI (gen AI) development and operations. Supporting Quotes Mike Barrett, Vice President & General Manager, Hybrid Cloud Platforms, Red Hat: 'Red Hat continues to provide the leading platform for organizations navigating the complexities of multicloud environments. Being named a Leader in The Forrester Wave™ for Multicloud Container Platforms reinforces our commitment to delivering robust, enterprise-grade solutions that empower our customers to innovate with confidence across their hybrid cloud footprints. Our focus on core Kubernetes capabilities, strong developer experience and strategic AI integrations positions us well for the evolving needs of the market. Sovereign cloud, coupled with the digital independence required to get the most from AI, have made multicloud investments a leading priority for our global customers. ' About Red Hat, Inc. Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings. Forward-Looking Statements: Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.
Business Wire
31-07-2025
- Business
- Business Wire
Basking.io Launches LeaseOps Platform to Create Efficient, Streamlined Lease Management for the Data-Heavy Modern Workplace
HOLLADAY, Utah & BERLIN--(BUSINESS WIRE)-- a leading provider of workplace occupancy analytics, today announced the launch of LeaseOps, a next-generation platform designed to transform how companies manage their workplace lease portfolios. Inspired by the agile, collaborative principles of DevOps, LeaseOps introduces a new, operationally-driven approach to lease management that breaks down data silos, accelerates decision-making, and enables real-time portfolio optimization. Lease data has become a strategic priority as companies navigate the evolving demands of return-to-office mandates and cost optimization. However, many organizations still rely on static documents, manual workflows, and disconnected systems—slowing down critical decisions and leaving value on the table. 'LeaseOps is built for the realities of today's workplace,' said Eldar Gizzatov, CEO of Basking. 'Corporate real estate teams are under growing pressure, not just to reduce costs but to improve employee experience and support hybrid work strategies. Traditional lease management tools weren't designed for that.' Inspired by the agile, collaborative principles of DevOps, LeaseOps introduces a new, operationally-driven approach to lease management that breaks down data silos, accelerates decision-making, and enables real-time portfolio optimization. By shifting from a document-centric to an event-driven model, LeaseOps turns lease management into a continuous, strategic process in the same way DevOps transformed software development. Teams can now collaborate across departments in real time, and crucially, can leverage AI to access, parse, and structure substantial amounts of unstructured data. "LeaseOps sets a new standard for what is possible in modern lease operations,' said Ray Wirta, a former board member and former Chairman and CEO of CBRE Group. 'As industry demands have far outpaced the capability of legacy IWMS platforms, LeaseOps is the way forward—adaptive, actionable, and future-thinking." As part of the LeaseOps platform, the DocsAI and Flow modules work together to simplify and accelerate lease operations: DocsAI delivers automated lease and document intelligence in seconds by reducing manual data entry and providing immediate access to key information. Flow powers a seamless approval workflow for submitting, reviewing, and approving lease-related transactions, helping to eliminate bottlenecks, enforce governance, and ensure a fully auditable trail for regulatory compliance. Available globally, LeaseOps advances Basking's mission to equip workplace leaders with the insights and tools to maximize portfolio value. Strong market reception highlights growing demand for agile, data-driven lease management and positions LeaseOps as a trusted next-generation solution for enterprises worldwide. About provides an AI-driven occupancy and lease data intelligence platform for corporate real estate teams across industries, with the real-time utilization data necessary to adapt to ongoing changes in the modern workplace. Pairing a fast-to-deploy, highly scalable, and privacy-compliant solution with deep industry expertise, Basking is changing the way organizations manage their portfolios and Return to Office. For more information or a free demo account, visit
Business Standard
31-07-2025
- Business
- Business Standard
Red Hat Named a Leader in Multi Cloud Container Platforms by Independent Research Firm for 2025
NewsVoir New Delhi [India], July 31: Red Hat, the world's leading provider of open-source solutions, today announced that it has been named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 report. Red Hat scored the highest among evaluated vendors in both the current offering and strategy categories. Red Hat attributes this recognition to its strong execution in the multicloud container platform market. According to the Forrester report, "OpenShift is a good fit for enterprises that prioritize support, reliability, and advanced engineering, particularly in regulated industries such as financial services." The report also notes that, "Customers consistently praise Red Hat's enterprise-grade offerings and support, especially for managed services." Forrester's analysis found that, "Red Hat excels in core Kubernetes areas, offering robust operator options, powerful management, GitOps automation, and flexible interfaces via a GUI or command-line interface (CLI). OpenShift's SLAs of 99.95% for public cloud managed-service versions showcase Red Hat's capacity to engineer capabilities beyond those of native public cloud services." Additionally, it states that, "Developers will find just about everything they need with Red Hat's above-par scores in developer experience, service and application catalogs, microservices, service mesh, DevOps automation, and integration." Red Hat is also applying its entire hybrid cloud stack - from the critical Linux foundation of Red Hat Enterprise Linux to optimize model serving and advanced inference - to support generative AI (gen AI) development and operations. Supporting Quotes Mike Barrett, Vice President & General Manager, Hybrid Cloud Platforms, Red Hat, "Red Hat continues to provide the leading platform for organizations navigating the complexities of multi cloud environments. Being named a Leader in The Forrester Wave™ for Multicloud Container Platforms reinforces our commitment to delivering robust, enterprise-grade solutions that empower our customers to innovate with confidence across their hybrid cloud footprints. Our focus on core Kubernetes capabilities, strong developer experience and strategic AI integrations positions us well for the evolving needs of the market. Sovereign cloud, coupled with the digital independence required to get the most from AI, have made multicloud investments a leading priority for our global customers." Additional Resources Learn more about Red Hat OpenShift Red Hat named a Leader in The Forrester Wave™: Multicloud Container Platforms, Q3 2025 Connect with Red Hat Learn more about Red Hat Get more news in the Red Hat newsroom Read the Red Hat blog Follow Red Hat on X Follow Red Hat on Instagram Watch Red Hat videos on YouTube Follow Red Hat on LinkedIn Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere - from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Red Hat, Red Hat Enterprise Linux, the Red Hat logo, and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.
