Latest news with #Jamf
Yahoo
2 days ago
- Business
- Yahoo
Why Is Jamf (JAMF) Stock Soaring Today
What Happened? Shares of apple device management company, Jamf (NASDAQ:JAMF) jumped 9.6% in the afternoon session after the company reported second-quarter 2025 financial results that beat Wall Street's revenue expectations and included a raised full-year outlook. The Apple device management company announced revenue of $176.5 million, up 15.3% year-over-year, while its adjusted earnings per share of $0.18 was in line with consensus estimates. The beat on the top line was a key driver, as was the company's decision to lift its full-year revenue guidance to a midpoint of $702.5 million. Additionally, adjusted operating income of $33.49 million also surpassed analyst forecasts. The combination of strong sales and an improved outlook outweighed the in-line earnings, sending the stock up 5.6% after the announcement. Is now the time to buy Jamf? Access our full analysis report here, it's free. What Is The Market Telling Us Jamf's shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock dropped 6.3% on the news that the White House announced a new round of steep global tariffs, sparking concerns of a trade war and its impact on the U.S. and global economies. This move creates significant uncertainty for businesses and investors. The new tariffs, with rates of up to 41% on imports from 68 countries and the European Union, prompted a broad market sell-off, with the tech-heavy Nasdaq index showing notable weakness. Adding to the bearish sentiment was a weaker-than-expected July jobs report, which revealed that employers created only 73,000 jobs, far below economists' expectations. This combination of trade fears and signs of a slowing labor market has created a "risk-off" environment, leading investors to pull back from growth-oriented sectors like software and technology. Jamf is down 43.4% since the beginning of the year, and at $7.97 per share, it is trading 57.7% below its 52-week high of $18.84 from August 2024. Investors who bought $1,000 worth of Jamf's shares 5 years ago would now be looking at an investment worth $202.20. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
3 days ago
- Business
- Globe and Mail
Jamf (JAMF) Q2 Revenue Jumps 15%
Key Points Jamf posted $176.5 million in GAAP revenue, surpassing analyst estimates by $7.7 million (GAAP). Non-GAAP operating income rose 42.6% to $33.5 million, with record Security ARR up 40% year-over-year to $203 million. Net loss (GAAP) widened to $20.9 million despite improved operating results and strong cash generation. These 10 stocks could mint the next wave of millionaires › Jamf (NASDAQ:JAMF), a tech firm specializing in Apple device management and enterprise security, reported results on August 7, 2025. The company delivered $176.5 million in GAAP revenue, topping GAAP expectations of $168.8 million. Non-GAAP earnings per share (EPS) reached $0.18. Non-GAAP operating income jumped to $33.5 million, up from $23.5 million in non-GAAP operating income in Q2 2024. The most notable news was steady top-line growth, as Jamf reported GAAP revenue growth of 15% year-over-year. and a 40% year-over-year boost in Security annual recurring revenue (ARR) after the recent Identity Automation acquisition. However, GAAP net losses expanded, mainly due to higher integration and transformation costs. Overall, the period showed strong underlying growth. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (Non-GAAP) $0.18 $0.17 $0.14 28.6% Revenue (GAAP) $176.5 million $168.8 million $153.0 million 15.4% Gross Profit (Non-GAAP) $141.6 million $124.9 million 13.4% Operating Income (Non-GAAP) $33.5 million $23.5 million 42.6% Adjusted EBITDA $35.3 million $25.3 million N/A Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report. What Jamf Does and Where It's Focused Jamf provides cloud-based software to help businesses and schools manage, secure, and automate Apple devices. Its platform is designed to work seamlessly with Apple products such as iPads, iPhones, and Macs. Jamf's approach centers on providing IT departments with advanced controls for security and user experience in Apple-first environments. Jamf's current business strategy hinges on several key areas. The most important is its Apple-first approach. This means every product is built with Apple integration in mind, helping Jamf win customers who need advanced but easy-to-use management. Its main customers include large corporations, hospitals, and schools. Another focus is product innovation, especially investing in artificial intelligence (AI) and automation to stay ahead as Apple devices proliferate in the workplace. Building recurring revenue through its software-as-a-service (SaaS) model and keeping customer satisfaction high remain core to its long-term growth. Q2 2025: Revenue Growth, Security Shift, and Cost Pressures The second quarter marked a solid revenue performance as total sales (GAAP) climbed 15% year over year, surpassing management's outlook and Wall Street estimates. Subscription revenue, which makes up almost all of Jamf's sales, increased 15.6% year-over-year. International business delivered year-over-year revenue growth of 15%. Security products emerged as a key revenue engine, as Security ARR jumped 40% year-over-year to $203 million, now making up 29% of total ARR as of June 30, 2025. With the integration of Identity Automation—a recent acquisition focused on digital identity and cybersecurity—the company aims to address security and compliance needs more directly for its customers. This shift diversifies Jamf's revenue away from basic management tools toward a broader range of enterprise services. Margins improved on an operating basis, with non-GAAP gross margin at 80% and non-GAAP operating income up by $10.0 million year over year. However, some pressure appeared on non-GAAP gross margins (down from 82% in Q2 2024, now at 80%). The company also highlighted the launch of a new platform reinvestment plan designed to accelerate AI innovation and enhance go-to-market activities. Despite strong recurring revenue and higher profits before certain costs, the company's GAAP net loss widened to $20.9 million. Management cited heavier charges related to stock-based compensation totaling $27.8 million. No dividend is paid to shareholders. Looking Ahead: Guidance and Key Watch Points For Q3 2025, management is guiding for total revenue between $176.0 and $178.0 million. Non-GAAP operating income is expected in the range of $41.5 to $42.5 million, up from $33.5 million in non-GAAP operating income. For the full year, Jamf raised its outlook, projecting total revenue between $701.0 and $704.0 million and non-GAAP operating income between $153.5 and $155.5 million. The unlevered free cash flow (non-GAAP) is forecast to rise at least 75% year-over-year. Management has not provided guidance for GAAP earnings per share, citing volatility in items such as stock-based compensation and integration costs. Investors may focus on several trends going forward. First, the success of the Identity Automation integration and further expansion of security offerings could reshape Jamf's business mix. Second, continued investment in AI and automation are key to keeping Jamf's platform competitive as the enterprise software landscape shifts. Finally, monitoring net retention rates and margin trends will be important as costs rise and the company seeks to balance growth with profitability. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,046%* — a market-crushing outperformance compared to 181% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of August 4, 2025
Daily Record
4 days ago
- Daily Record
Android users given 'critical' warning and urged to restart their devices now
Google has released a vital update and has urged users to follow their advice. Android users are being urged to update their smartphones as soon as possible. A new security update from Google has been released that fixes bugs in the system that have been given a 'critical' rating. For those wanting to keep their devices safe, it is vital to follow the tech firm's advice. Fixing a total of six issues currently within Android's platform, everyone who uses the popular operating system is being urged to pay attention to the current security update. While this may seem like a smaller update compared to other months, this does not mean it should be ignored for a later date. In fact, one expert has said the criticality "cannot be understated". Adam Boynton, senior security manager EMEIS at Jamf, highlighted some of the key reasons why Android users should follow the Goolge advice. He said: "While August's Android Security Bulletin is lighter in volume compared to earlier this year, the criticality of the patched issues cannot be understated. "Perhaps most concerning is CVE‑2025‑48530, a critical system-level vulnerability allowing remote code execution without user interaction." This means that if Android users ignore this crucial update, they could be leaving their phone vulnerable to being overhauled and controlled by a hacker. The most worrying part is that the smartphone user wouldn't even be aware it was happening, reports the Express. On top of this, the latest system update also fixes an issue that could lead to targeted exploitation if ignored. This significant threat was discovered by tech giant Qualcomm. They confirmed: "There are indications from Google Threat Analysis Group that CVE-2025-21479, CVE-2025-21480, CVE-2025-27038 may be under limited, targeted exploitation. "Patches for the issues affecting the Adreno Graphics Processing Unit (GPU) driver have been made available to OEMs in May together with a strong recommendation to deploy the update on affected devices as soon as possible." While experts are unsure if Android users have been under attack by hackers, it is best to proceed with caution and update your device when alerted of a system upgrade. As Google provides their software and system updates to all Android devices, the Google Pixel smartphones will be the first to receive the update alert. Other manufacturers such as Samsung, OnePlus and Motorola will then send out their own updates in the coming weeks to provide the latest level of security to your phones. In order to not miss this update, it is important to keep an eye on your settings app. If there is a system update available, it is important to install it straight away and restart your device in order to provide an extra wall of security against current and future hacks. Hacking into your phone's system isn't the only way that cyber crooks can infiltrate your tech and steal your personal and financial data, they can also do so by controlling popular apps. Recently Action Fraud reported a spike in incidents on WhatsApp, which has seen hackers takeover accounts and start sending messages to your contacts to steal money and data. Those impacted by this attack have found themselves locked out of their accounts, which has stopped them from accessing their current chats or contacts to warn others of the breach. On X Action Fraud said: "Protect your WhatsApp account against hackers. We continue to see a rise in the number of reports relating to WhatsApp account takeovers." WhatsApp users can protect their accounts by authorising a two-step verification, being wary of any unexpected messages or requests and calling their contacts to help verify their identity. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'.
Yahoo
5 days ago
- Business
- Yahoo
Jamf Earnings: What To Look For From JAMF
Apple device management company, Jamf (NASDAQ:JAMF) will be announcing earnings results this Thursday after the bell. Here's what to expect. Jamf beat analysts' revenue expectations by 0.8% last quarter, reporting revenues of $167.6 million, up 10.2% year on year. It was a mixed quarter for the company, with full-year revenue guidance topping analysts' expectations but annual recurring revenue in line with analysts' estimates. Is Jamf a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Jamf's revenue to grow 10.2% year on year to $168.6 million, slowing from the 13.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.18 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Jamf has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 1.1% on average. Looking at Jamf's peers in the automation software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. ServiceNow delivered year-on-year revenue growth of 22.4%, beating analysts' expectations by 2.9%, and Microsoft reported revenues up 18.1%, topping estimates by 3.5%. ServiceNow traded up 4.3% following the results while Microsoft was also up 3.8%. Read our full analysis of ServiceNow's results here and Microsoft's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the automation software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.4% on average over the last month. Jamf is down 19.8% during the same time and is heading into earnings with an average analyst price target of $16 (compared to the current share price of $7.15). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Ammon
03-08-2025
- Ammon
Apple releases iOS 18.6 with 29 urgent security fixes
Ammon News - They are some of the world's most popular smartphones. But if you have an iPhone, be sure to update it as soon as possible to avoid serious security issues. Apple has released the iOS 18.6 update, which includes 29 urgent security fixes. Cybersecurity experts warn that users should update 'as quickly as possible' to avoid exposing their sensitive data to hackers. According to Apple's support page, some may allow your iPhone to leak sensitive information to malicious web pages or allow apps to access your data. Josh Stein, VP of strategy, security at Jamf, says: 'The positive news from Apple is that none of these vulnerabilities have been exploited in the wild. 'However, this should not delay users from updating their devices to iOS 18.6. 'Keeping devices up to date with the latest patches is one of the most effective ways to safeguard against attackers.' Apple is currently staying tight-lipped about the specific details of the security vulnerabilities in question. Daily Mail
