JFrog reports Q4 adjusted EPS 4c, consensus 2c

Reports Q4 revenue $76.5M, consensus $77.04M. "Our fourth quarter revenue results were in line with the guidance range we provided, and we met our commitments on profitability, despite macroeconomic headwinds increasing near the end of the year," said Shlomi Ben Haim, JFrog Co-founder and CEO. "We are excited to see the continued expansion in the adoption of the JFrog Software Supply Chain Platform, as customers continue to favor a single, universal platform to manage their DevOps and DevSecOps processes. The release of JFrog Advanced Security saw rapid adoption by both new and existing customers looking to incorporate the comprehensive set of capabilities and consolidate current security point solutions. As we enter 2023, we expect our investments in binary management, security and cloud – all in one platform – to bear fruit and fuel our growth."