JFrog Ltd. (FROG) Q3 2024 Earnings Conference Call Transcript Summary
JFrog Ltd. (FROG) Q3 2024 Earnings Conference Call Transcript Summary
Gross profit for Q3 stood at $90.3 million with a gross margin of 82.8%, slightly decreased from the previous year due to a higher mix of cloud revenues which generally carry a lower margin.The following is a summary of the JFrog Ltd. (FROG) Q3 2024 Earnings Conference Call Transcript:
以下是jfrog有限公司（jfrog）2024年第三季度業績電話會議通話記錄摘要：
Financial Performance:
財務表現:
JFrog reported Q3 total revenue of $109.1 million, representing a 23% year-over-year increase.
Cloud revenue was notably strong at $42.4 million, up 38% year-over-year, now accounting for 39% of total revenues compared to 35% last year.
Gross profit for Q3 stood at $90.3 million with a gross margin of 82.8%, slightly decreased from the previous year due to a higher mix of cloud revenues which generally carry a lower margin.
Operating profit reached $14.7 million, with an operating margin of 13.5%, and diluted earnings per share were stable at $0.15.
JFrog報告第三季度總營業收入爲10910萬美元，同比增長23%。
雲收入表現強勁，達4240萬美元，同比增長38%，佔總收入的39%，高於去年的35%。
第三季度的毛利潤爲9030萬美元，毛利率爲82.8%，略低於去年，主要由於雲收入比例較高，通常毛利率較低。
營業利潤達到1470萬美元，營業利潤率爲13.5%，稀釋每股收益穩定在0.15美元。
Business Progress:
業務進展:
JFrog announced new advancements including JFrog ML at their SwampUp user conference, emphasizing their commitment to integrating DevOps, DevSecOps, and MLOps.
The company also highlighted the further development of JFrog's security offerings with JFrog Runtime Security, deemed crucial for full deployment to production visibility.
Strategic partnerships strengthened with GitHub, NVIDIA, and others, to enhance JFrog's platform capabilities and market positioning.
JFrog在他們的SwampUp用戶大會上宣佈了JFrog ML等新進展，強調他們致力於整合DevOps、DevSecOps和MLOps。
公司還強調了 jfrog 安全產品的進一步發展，認爲 JFrog Runtime 安全對於完整部署至生產環境的可見性至關重要。
與 GitHub、英偉達和其他夥伴加強戰略合作，以增強 jfrog 平台的能力和市場定位。
Opportunities:
機會：
The expected ongoing growth and focus on cloud-based solutions provide substantial growth opportunities, with cloud revenue forecasted to grow approximately 40% year-over-year.
The expansion of JFrog's Enterprise Plus subscription base, covering comprehensive platform features including security and MLOps, presents significant upselling and customer expansion opportunities.
預期持續增長和專注於基於雲的解決方案爲大幅增長提供機會，預計雲營業收入將年均增長約40%。
jfrog Enterprise Plus 訂閱用戶基礎的擴大，涵蓋了安全和 MLOps 等全面平台功能，爲重要的提升銷售和客戶擴展機會提供了可能。
Risks:
風險：
Large-scale migration deals continue to present execution risks, as noted by slower and more cautious customer migration activities to the cloud, impacting immediate on-prem investment.
The potential reduction in self-managed services due to the shift to cloud may present challenges if not managed correctly.
大規模遷移交易繼續帶來執行風險，因客戶轉移到雲上的速度較慢且更爲謹慎，影響了立即在場投資。
自管理服務減少可能會帶來挑戰，如果管理不當，可能會出現挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
