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Jamf Holding: Q1 Earnings Snapshot

·1 min read

MINNEAPOLIS (AP) _ Jamf Holding Corp. (JAMF) on Tuesday reported a loss of $3.1 million in its first quarter.

On a per-share basis, the Minneapolis-based company said it had a loss of 3 cents. Earnings, adjusted for amortization costs and stock option expense, came to 8 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The company posted revenue of $81.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $76.7 million.

For the current quarter ending in July, Jamf Holding said it expects revenue in the range of $82 million to $84 million.

The company expects full-year revenue in the range of $333 million to $341 million.

Jamf Holding shares have increased slightly more than 5% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JAMF at https://www.zacks.com/ap/JAMF

The Associated Press

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