ForgeRock Recognized Again as a Leader in Product, Innovation, Market and Overall Categories for 4th Consecutive Report. ForgeRock®, a global digital identity leader, announced today it earned an "Overall Leadership" position in the 2023 KuppingerCole Access Management Leadership Compass analyst report for the 4th consecutive publication. ForgeRock was also recognized as a leader in product, innovation and market leadership, and for its strengths in fraud detection, API security, orchestration capabilities, partner ecosystem support and strong federation capabilities. "We are thrilled to be recognized by KuppingerCole as a leader for our Identity and Access Management (IAM) capabilities

ARR was $251.3 million for Q2 2023, with growth accelerating to 25% year-over-year Total revenue was $58.3 million for Q2 2023, growing 22% year-over-year Subscription SaaS, support & maintenance revenue was $38.1 million for Q2 2023, growing 29% year-over-year ForgeRock, Inc. (NYSE:FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023. "Q2 was a very strong quarter and our ARR growth accelerated sequentially to 25% year-over-year, ending at $251 million," said Fran Rosch, CEO of ForgeRock. "Our net new ARR growth of $14 million in the quarter was 63% higher than the same period last year and our growth year to d

Fraud Caused by AI-Based Attacks and Stolen Identities Are on the Rise. One Compromised Identity Puts an Entire Organization at Risk. ForgeRock® (NYSE:FORG), a global digital identity leader, today announced findings from its 2023 ForgeRock Identity Breach Report, which revealed that stolen identities continue to cause massive breaches, exposing 1.5 billion user records and costing businesses an average of $9.4 million per breach in 2022. As more identities are stolen each year, AI-driven fraud attacks are creating a larger threat landscape for consumers and enterprises alike. Through the use of new technologies like generative AI, tactics such as phishing emails, malicious code an

Company Appoints Chris Westfall as Vice President of Global Partner Strategy, Programs, and Operations to Lead New Partner Program ForgeRock® (NYSE:FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences. To lead the new program, ForgeRock has hired Chris Westfall as Vice President of Global Partner Strategy, Programs and Operations, who brings expertise from over 20 years of partner ecosystem leadership across the software industry. The Identity and Access Management (IAM) market continues to experience signifi

ARR was $238 million for Q1 2023, growing 23% year-over-year Total revenue was $63.1 million in Q1 2023, growing 31% year-over-year Subscription SaaS, support & maintenance revenue was $34.1 million Q1 2023, growing 30% year-over-year ForgeRock, Inc. (NYSE:FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023. "We ended Q1 with $238 million of ARR, representing another solid quarter of growth for ForgeRock," said Fran Rosch, CEO of ForgeRock. "Adoption of the ForgeRock Identity Cloud continued to be strong, with these new SaaS customers representing the majority of our new ARR and new logos in the quarter. The in

ForgeRock Announces Major Expansion of its Passwordless Capabilities with the Introduction of Enterprise Connect Passwordless The ForgeRock Identity Platform Now Offers a Full Spectrum of Passwordless Options Designed for All Users, including Workforce, Consumer, and Partner ForgeRock® (NYSE:FORG), a global digital identity leader, today announced ForgeRock Enterprise Connect Passwordless, a new passwordless authentication solution that eliminates the need for users to interact with passwords inside large organizations. Enterprise Connect Passwordless is the latest addition to ForgeRock's industry-leading, passwordless authentication portfolio for consumer and workforce use cases. Dev

ARR was $229.6 million for Q4 2022, growing 25% year-over-year Total revenue was $217.5 million in 2022, growing 23% year-over-year Subscription SaaS, Support & Maintenance revenue was $119.0 million in 2022, growing 39% year-over-year ForgeRock, Inc. (NYSE:FORG), a global leader in digital identity, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022. "We ended 2022 with $230 million of ARR, representing another solid year of growth for ForgeRock," said Fran Rosch, CEO of ForgeRock. "Our net retention rate increased in Q4 to 113% as more of our customers migrated to the ForgeRock Identity Cloud, our SaaS offering, and also expanded with

CrowdStrike Holdings, Inc. (NASDAQ:CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced the appointment of Johanna Flower to the company's board of directors. A renowned cybersecurity, go-to-market and modern governance expert, Ms. Flower currently sits on the boards of cloud leaders like Freshworks (NASDAQ:FRSH) and ForgeRock (NYSE:FORG), as well as several high-growth private SaaS companies. She also has direct experience working closely with CrowdStrike's leadership team and board, having served as the company's first chief marketing officer and having played a key role in taking the company public in 2019. "Johanna's reputatio

Company introduces cloud-native workforce offering for large enterprises that combines governance, identity and access management, and powerful AI into a single platform. ForgeRock® (NYSE:FORG), a global digital identity leader, today announced its new ForgeRock Identity Governance solution, a comprehensive cloud-native governance offering designed to help solve security and compliance challenges for large enterprises at scale. By converging ForgeRock Identity Governance with the company's industry leading Identity and Access Management platform, enterprises gain efficiencies and cost savings with the ability to manage, secure, and govern identities throughout their entire lifecycle – all

ForgeRock Recently Named a Leader by Gartner, Inc. in the 2022 Magic Quadrant™ for Access Management ForgeRock® (NYSE:FORG), a global digital identity leader, today announced its highest ranking in the 2022 Gartner Critical Capabilities for Access Management for External Access Management and Application Development Use Cases. ForgeRock also ranked second highest in the Internal Access Management Use Case. This placement follows ForgeRock being named a Leader for the third consecutive year in the Gartner Magic Quadrant for Access Management. The report assessed ten vendors and evaluated them for Use Cases, including External Access Management, Internal Access Management and Application De

Canaccord Genuity initiated coverage of ForgeRock with a rating of Buy and set a new price target of $20.00

KeyBanc Capital Markets initiated coverage of ForgeRock with a rating of Sector Weight

JP Morgan reiterated coverage of ForgeRock with a rating of Overweight and set a new price target of $36.00 from $41.00 previously

Morgan Stanley reiterated coverage of ForgeRock with a rating of Equal-Weight and set a new price target of $22.00 from $27.00 previously

Deutsche Bank reiterated coverage of ForgeRock with a rating of Hold and set a new price target of $16.00 from $14.00 previously

Deutsche Bank reiterated coverage of ForgeRock with a rating of Hold and set a new price target of $14.00 from $31.00 previously

Morgan Stanley reiterated coverage of ForgeRock with a rating of Equal-Weight and set a new price target of $27.00 from $35.00 previously

JP Morgan initiated coverage of ForgeRock with a rating of Overweight and set a new price target of $41.00

Cowen initiated coverage of ForgeRock with a rating of Outperform

Deutsche Bank initiated coverage of ForgeRock with a rating of Hold and set a new price target of $35.00

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Company Appoints Chris Westfall as Vice President of Global Partner Strategy, Programs, and Operations to Lead New Partner Program ForgeRock® (NYSE:FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences. To lead the new program, ForgeRock has hired Chris Westfall as Vice President of Global Partner Strategy, Programs and Operations, who brings expertise from over 20 years of partner ecosystem leadership across the software industry. The Identity and Access Management (IAM) market continues to experience signifi

CrowdStrike Holdings, Inc. (NASDAQ:CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced the appointment of Johanna Flower to the company's board of directors. A renowned cybersecurity, go-to-market and modern governance expert, Ms. Flower currently sits on the boards of cloud leaders like Freshworks (NASDAQ:FRSH) and ForgeRock (NYSE:FORG), as well as several high-growth private SaaS companies. She also has direct experience working closely with CrowdStrike's leadership team and board, having served as the company's first chief marketing officer and having played a key role in taking the company public in 2019. "Johanna's reputatio

ARR was $251.3 million for Q2 2023, with growth accelerating to 25% year-over-year Total revenue was $58.3 million for Q2 2023, growing 22% year-over-year Subscription SaaS, support & maintenance revenue was $38.1 million for Q2 2023, growing 29% year-over-year ForgeRock, Inc. (NYSE:FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023. "Q2 was a very strong quarter and our ARR growth accelerated sequentially to 25% year-over-year, ending at $251 million," said Fran Rosch, CEO of ForgeRock. "Our net new ARR growth of $14 million in the quarter was 63% higher than the same period last year and our growth year to d

ARR was $238 million for Q1 2023, growing 23% year-over-year Total revenue was $63.1 million in Q1 2023, growing 31% year-over-year Subscription SaaS, support & maintenance revenue was $34.1 million Q1 2023, growing 30% year-over-year ForgeRock, Inc. (NYSE:FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023. "We ended Q1 with $238 million of ARR, representing another solid quarter of growth for ForgeRock," said Fran Rosch, CEO of ForgeRock. "Adoption of the ForgeRock Identity Cloud continued to be strong, with these new SaaS customers representing the majority of our new ARR and new logos in the quarter. The in

ForgeRock shareholders to receive $23.25 per share in cash ForgeRock to become a privately held company upon completion of the transaction ForgeRock® (NYSE:FORG), a global digital identity leader, announced today that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $23.25 per share, in an all-cash transaction valued at approximately $2.3 billion. The offer represents a premium of approximately 53% over ForgeRock's closing share price on October 10, 2022, the last full trading day prior to the transaction announcement, and a premium of approximately 44% over the volume weighted average price of ForgeRock stock for the 30 day

ARR grew 30% year-over-year to $201.6 million Revenue grew 8% year-over-year to $47.7 million SaaS as a percentage of ARR from new customers was 53% in Q2    ForgeRock (NYSE:FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2022. "Identity remains a top priority for every modern organization in today's shifting threat landscape and macroeconomic environment, and we continue to see strong customer demand for our enterprise-grade identity platform," said Fran Rosch, CEO of ForgeRock. "At the same time, this uncertain macro environment has presented us with challenges such as longer deal cycles and FX headwinds. We are

ForgeRock, Inc. (NYSE:FORG), a global identity leader, today announced it will report financial results for its second quarter ended June 30, 2022 after U.S. markets close on August 11, 2022. ForgeRock will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Thursday, August 11, 2022 to discuss its financial results and business highlights. To access this conference call, dial 1-800-437-2398 or 1-323-289-6576 and use the conference ID 9878662. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of ForgeRock's website at https://investors.forgerock.com. About ForgeRock ForgeRock®, (NYSE:FORG) is

ARR grew 35% year-over-year to $193.2 million Revenue grew 18% year-over-year to $48.1 million SaaS continues to increase as a percentage of ARR from new customers, reaching 65% in Q1   ForgeRock (NYSE:FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2022. "We had a fantastic start to 2022, once again achieving the higher bar we set for ourselves by delivering 35% ARR growth year-over-year for the second consecutive quarter," said Fran Rosch, CEO of ForgeRock. "We continue to see strong demand across our portfolio and the increasing SaaS adoption underscores ForgeRock's cloud leadership. We are building the identity

ForgeRock, Inc. (NYSE:FORG), a global identity leader, today announced it will report financial results for its first quarter ended March 31, 2022 after U.S. markets close on May 11, 2022. ForgeRock will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, May 11, 2022 to discuss its financial results and business highlights. To access this conference call, dial 1-800-437-2398 or 1-323-289-6576 and use the conference ID 4619208. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of ForgeRock's website at https://investors.forgerock.com. About ForgeRock ForgeRock® (NYSE:FORG) is a glo

ForgeRock, Inc. (NYSE:FORG), a global identity leader, today announced it will report financial results for its third quarter ended September 30, 2021 after U.S. markets close on November 10, 2021. ForgeRock will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, November 10, 2021 to discuss its financial results and business highlights. To access this conference call, dial 1-800-437-2398 or 1-323-289-6576 and use the conference ID 6948154. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of ForgeRock's website at https://investors.forgerock.com. About ForgeRock ForgeRock®, a glo

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