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Jamf Holding Corp. (NASDAQ: JAMF) is renowned as the global leader in macOS and iOS management, with a presence stretching across key cities like Minneapolis, Eau Claire, Cupertino, New York, Amsterdam, Katowice, Sydney, Hong Kong, and Tokyo. Jamf specializes in delivering comprehensive Apple management solutions tailored for both educational institutions and businesses. Jamf Pro (formerly known as Casper Suite) stands out as the only macOS and iOS management software crafted exclusively for the Apple platform. It provides an extensive array of functionalities: from package building and inventory management to remote imaging, updates, and iOS mobile device management. The software also offers a robust framework for automated support.
Jamf's core business revolves around helping organizations—including businesses, hospitals, schools, and government agencies—connect, manage, and protect Apple products, apps, and corporate resources in the cloud, all without the need to physically touch the devices. The company markets its Software-as-a-Service (SaaS) solutions through a subscription model, leveraging a direct sales force, online channels, and indirect sales via partnerships, including Apple's channel partners.
Operating across The Americas, Europe, the Middle East, India, Africa, and the Asia Pacific, Jamf's cloud software platform is uniquely focused on Apple infrastructure and security. Notable achievements include the launch of Jamf Executive Threat Protection, enhancing organizational security by swiftly identifying and responding to advanced cyber threats. Collaborations with leading firms like FTI Consulting bolster its cybersecurity offerings, while recent product innovations like Jamf Insights and the Jamf Service Provider Plan further extend its capabilities.
Jamf's financial condition remains robust, backed by a strategy of growth through innovation and strategic acquisitions, such as the notable purchase of dataJAR, a UK-based MSP specializing in Apple services. Recent updates include support for Apple Vision Pro’s visionOS 1.1 and iOS 17.4, aligning with regulatory changes like the Digital Markets Act.
Jamf is committed to maintaining a dynamic and skilled workforce, with ongoing recruitment efforts globally. For prospective employees, exploring career opportunities on Jamf's LinkedIn page is highly recommended.
Jamf (NASDAQ: JAMF) announces its readiness to support Apple’s latest operating systems: iOS 15, iPadOS 15, and tvOS 15. Available for upgrade today, Jamf ensures same-day support to facilitate seamless transitions for customers. Key features include enhanced Bring Your Own Device (BYOD) programs with Account-Driven User Enrollment, improved privacy for users, and new management capabilities for IT admins. These updates aim to empower organizations while maintaining user privacy and security.
On September 14, 2021, Jamf Holding Corp. (NASDAQ: JAMF) announced the pricing of $325 million in Convertible Senior Notes due 2026. The offering, exclusive to qualified institutional buyers, anticipates net proceeds of approximately $314.2 million. These notes bear a low interest rate of 0.125% per year and mature on September 1, 2026. Proceeds will primarily repay a term loan related to the acquisition of Wandera and cover costs for capped call transactions. The convertible rate is set at 20.0024 shares per $1,000, with a conversion premium of 40% over the last reported share price.
Jamf Holding Corp. (NASDAQ: JAMF) has announced its intention to offer $325 million in Convertible Senior Notes due 2026 in a private placement. The offering is subject to market conditions and may include an additional $48.75 million for initial purchasers. The notes will be senior unsecured obligations and will accrue interest semiannually. Proceeds will primarily be used to repay a term loan linked to the acquisition of Wandera, pay for capped call transactions, and for general corporate purposes. Forward-looking statements indicate a focus on potential financial impacts and market positioning.
Dragoneer Investment Group has increased its stake in Jamf to 17% by acquiring
Jamf (NASDAQ: JAMF) has launched Jamf Educator, a dedicated training platform for educators, enhancing their ability to use Apple technology effectively in hybrid learning environments. The new features include remote proctoring capabilities for assessments and expanded classroom management tools for Mac devices, complementing existing iOS and iPad OS functionalities. These updates aim to support teachers in delivering seamless educational experiences, whether in-person or remote. The platform is available now, promoting ongoing educational success in a technology-driven landscape.
Jamf reported final Q2 2021 financial results with total revenue of $86.2 million, marking a 39% year-over-year growth. Annual recurring revenue (ARR) grew 38% to $333 million. Operating loss stood at $16.1 million, contrasting with a $3.7 million profit in Q2 2020. Cash flow from operations reached $34 million, up from $16.8 million a year prior. The company anticipates Q3 revenue between $92.5 million and $94.5 million, including $5 million from the recent Wandera acquisition.
Jamf (NASDAQ: JAMF) announced its participation in the Virtual Canaccord Genuity 41st Annual Growth Conference on August 12, 2021, at 11:30 AM Eastern Time. The event will feature members of the management team presenting key insights about the company, recognized for its standard in Apple Enterprise Management. Investors can access a webcast of the presentation via Jamf's investor relations page. Jamf specializes in extending the Apple experience to businesses and schools through its software and community support.
Jamf reported preliminary Q2 2021 results with total revenue of $86.2 million, a year-over-year increase of 39%, and an annual recurring revenue (ARR) of $333.0 million, up 38%. Cash flow from operations reached $34.0 million, reflecting strong operating performance. Gross profit margins improved, with GAAP gross profit at $66.9 million (78% of revenue). However, the company reported a GAAP operating loss of $16.1 million. Looking forward, Jamf anticipates Q3 2021 revenue between $92.5 million and $94.5 million, bolstered by the acquisition of Wandera.
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