Jamf Holding Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:08 pm
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Jamf Holding Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 142.63 million compared to USD 124.56 million a year ago. Net loss was USD 32.28 million compared to USD 31.3 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.26 a year ago.
For the nine months, revenue was USD 409.93 million compared to USD 348.45 million a year ago. Net loss was USD 92.68 million compared to USD 120.07 million a year ago. Basic loss per share from continuing operations was USD 0.74 compared to USD 1 a year ago.
Jamf Holding Corp. is engaged in selling software as a service (SaaS) solution through a subscription model, direct sales force, online and indirectly through its channel partners, including Apple. The Company provides a complete management and security solution for an Apple-first environment designed to be enterprise secure, consumer simple and protect personal privacy. It also provides platform that combines Apple management, identity, and security to protect devices and sensitive company data, while simplifying work and preserving privacy for end users. Its multi-dimensional go-to-market model and cloud-deployed offering enable it to reach all organizations around the world, large and small, with its software solutions. The Companyâs solutions include Jamf Pro, Jamf Now, Jamf School, Jamf Connect, Jamf Protect, and others. Jamf Pro offers a robust Apple ecosystem management software solution for larger enterprises, educational institutions, and entire school districts.