MobileIron (MOBL) Tops Q3 EPS by 4c; $25M Buyback Announced

MobileIron (NASDAQ: MOBL) reported Q3 EPS of $0.02, $0.04 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $49.3 million versus the consensus estimate of $48.56 million.

The company announced a share repurchase authorization for up to $25 million. The program will run over 2 years and be funded using the company's cash on hand and cash generated from operations.GUIDANCE:

MobileIron sees Q4 2018 revenue of $53-56 million, versus the consensus of $55.8 million.

For earnings history and earnings-related data on MobileIron (MOBL) click here.

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