JFrog Ltd. announced its financial results for the fourth quarter and fiscal year ended December 31, 2024, reporting Q4 revenue of $116.1 million. This represents a 19.4% increase year-over-year and surpassed Wall Street's revenue expectations.
The company's non-GAAP profit for Q4 stood at $0.19 per share, significantly beating analysts' consensus estimates by 36.7%. Cloud revenue was a key driver, accounting for 43% of total revenue, an increase from 37% in the prior year, highlighting the successful shift towards SaaS offerings.
For the first quarter of 2025, JFrog provided revenue guidance in the range of $116 million to $118 million, with non-GAAP EPS expected between $0.15 and $0.17. The company also issued full-year 2025 guidance, projecting revenue between $499 million and $503 million and non-GAAP EPS of $0.67 to $0.69, both of which topped analyst estimates.
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