Jamf Holding Corp. (NASDAQ: JAMF) saw its stock price surge 12.40% in after-hours trading on Tuesday, following the release of its impressive first-quarter financial results that exceeded analyst expectations. The company, which specializes in Apple enterprise management solutions, demonstrated strong performance and provided an optimistic outlook for the future.
For the quarter ended March 31, Jamf reported adjusted earnings of $0.22 per share, surpassing the analyst consensus estimate of $0.21 by 4.76%. This represents a significant 57.14% increase from the $0.14 per share reported in the same period last year. The company's quarterly sales also impressed, coming in at $167.62 million, beating the analyst consensus estimate of $165.92 million by 1.03%. This marks a 10.19% year-over-year increase from $152.12 million in the previous year.
Adding to the positive sentiment, Jamf provided a strong outlook for both the second quarter and full fiscal year 2025. The company projects Q2 revenue between $167.5 million and $169.5 million, while the full-year revenue outlook ranges from $691 million to $695 million. These forecasts suggest continued growth and confidence in the company's business model. The market's enthusiastic response to Jamf's results and guidance underscores investor optimism about the company's future prospects in the expanding enterprise management solutions sector.
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