Jamf Holding Corp. (NASDAQ:JAMF) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET

Company Participants

Jennifer Gaumond - Investor Relations
John Strosahl - Chief Executive Officer
Ian Goodkind - Chief Financial Officer

Conference Call Participants

Rob Owens - Piper Sandler
Joshua Reilly - Needham
Matt Hedberg - RBC
Gregg Moskowitz - Mizuho
Koji Ikeda - BofA Securities
Jake Roberge - William Blair
Patrick Walravens - Citizens JMP

Operator

Thank you for standing by. Welcome to Jamf's Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.

And now, I'd like to introduce Jennifer Gaumond.

Jennifer Gaumond

Good afternoon and thank you for joining us on today's conference call to discuss Jamf's second quarter 2024 financial results. With me on today's call are John Strosahl, Chief Executive Officer; and Ian Goodkind, Chief Financial Officer.

Before we begin, I'd like to remind you that shortly after the market closed today, we issued a press release announcing our second quarter financial results. We also published a Q2 earnings presentation, investor presentation and Excel file containing quarterly financial statements to assist you with modeling. You may access this information on the Investor Relations section of jamf.com.

Today's discussion includes forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from our forecast. For more details, please refer to the risk factors and other information discussed in our most recent SEC reports including our most recent annual report on Form 10-K. Jamf assumes no obligation to update forward-looking statements which speak only as of the date they are made.

I would also like to remind you that during the call, we will discuss some non-GAAP measures related to Jamf's performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures in our earnings release. Additionally, to ensure we can address as many analyst questions as possible during the call, we ask that you please limit your questions to one initial question and one follow-up.

Now, I'd like to turn the call over to John Strosahl. John?

John Strosahl

Thanks, Jen. In Q2, we continued to deliver on the expectations we set for 2024. Q2 revenue and non-GAAP operating income again exceeded the high end of our outlook. Q2 year-over-year revenue growth was 13% and non-GAAP operating income was $23.5 million, representing a non-GAAP operating income margin of 15%. This margin represents more than 1,000 basis points improvement from Q2 of 2023.