Jamf reports $366.4 million in revenue for 2021, $103.8 million for Q4

The Apple Enterprise Management company yielded a net profit of 2 cents a share.
Written by Jonathan Greig, Contributor

Jamf, an Apple Enterprise Management company, this afternoon reported Q4 revenue and profit that narrowly topped analysts' expectations. 

Revenue in the quarter rose 36%, year over year, to $103.8 million, yielding a net profit of 2 cents a share. Non-GAAP operating income for Q4 was $2.9 million. 

For the full fiscal year, the company reported a total revenue of $366.4 million, a 36% jump compared to the previous year. The company reported a non-GAAP gross profit of $296.6 million in 2021. 

Analysts had been modeling $100.31 million and 1 cent per share.

Jamf shares fell about 3% in late trading. 

"2021 represented a pivotal year for Jamf as we expanded and strengthened our platform, completed our largest acquisition to date, closed the three largest customer contracts in our history, and added a record number of devices to our platform, all while completing our first full fiscal year as a public company and consistently delivering strong financial results," said Dean Hager, CEO of Jamf. 

"As we enter 2022, we're well-positioned to continue delivering for our customers, employees, and investors as we help drive expansion of Apple in the enterprise."

ARR year-over-year growth was $412.5 million. 

For the current quarter, the company expects revenue between $104.5 million and $106.5 million. For the full year, the company is predicting revenue in a range of $466 million and $472 million. 

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