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.
The Associated Press