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JFrog Q2 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

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JFrog (FROG) reported Q2 non-GAAP earnings late Thursday of $0.27 per diluted share, up from $0.18 a year earlier.

Analysts polled by FactSet expected $0.24.

Revenue in the three months ended June 30 rose to $163.8 million from $127.2 million a year earlier.

Analysts projected $155.6 million.

The company expects Q3 non-GAAP EPS of $0.22 to $0.24 on revenue of $164 million to $166 million. Analysts project EPS of $0.22 on revenue of $159 million.

JFrog boosted full-year guidance to non-GAAP EPS of $0.96 to $1.00 on revenue of $648 million to $652 million. The prior forecast was EPS of $0.93 to $0.97 on revenue of $628 million to $632 million.

Analysts expect EPS of $0.95 on revenue of $632.9 million.

JFrog shares jumped 13% in after-hours trading.

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