By Kelly Cloonan
Shares of JFrog rose after its recent quarterly results and fourth-quarter outlook topped analysts' expectations, helped by its growth in its cloud business.
The stock rose 21% to $57 on Friday. Shares are up 94% this year.
The software company narrowed its third-quarter loss to $16.4 million, or 14 cents a share, from $22.9 million, or 21 cents a share, a year earlier.
Adjusted earnings per share were 22 cents, ahead of estimates of 16 cents a share, according to analysts polled by FactSet.
Revenue jumped 26% to $136.9 million, topping analyst estimates of $128.3 million.
Cloud revenue jumped 50% to $63.4 million
For the fourth quarter, the company guided for adjusted earnings per share of 18 cents to 20 cents and revenue of $136.5 million to $138.5 million. Analysts had been looking for adjusted earnings of 16 cents a share on revenue of $131.4 million.
For the fiscal year, JFrog now expects adjusted earnings of 78 cents to 80 cents and revenue of $523 million to $525 million. It had previously forecast adjusted earnings of 68 cents to 70 cents a share and revenue of $507 million to $510 million.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 07, 2025 10:19 ET (15:19 GMT)
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