The after-hours gain more than offset the day’s decline, which had left JFrog shares at $74.62. The stock was up 19% year to date through the regular-session close.
JFrog now expects full-year revenue of $680 million to $682 million, compared with its previous forecast of $648 million to $652 million. It raised its adjusted earnings-per-share outlook to $1.14 to $1.16 from 96 cents to $1.00. FactSet-polled analysts had forecast revenue of $651.9 million and adjusted earnings of 98 cents a share.
For the fourth quarter, the company projects adjusted earnings of 28 cents to 30 cents a share on revenue of $183 million to $185 million. Analysts had expected earnings of 21 cents a share and revenue of $168.3 million.
JFrog posted third-quarter net income of $6.6 million, or 5 cents a share, compared with a loss of $16.4 million, or 14 cents, a year earlier. Adjusted earnings were 32 cents a share, above the 23 cents analysts expected. Revenue climbed to $179.2 million from $136.9 million a year earlier, beating the $165.9 million consensus estimate.





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