MobileIron (MOBL) Tops Q3 EPS by 4c; $25M Buyback Announced
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MobileIron Announces $25 Million Share Repurchase Program
October 30, 2018 4:06 PM EDTMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL), the secure foundation for modern work, today announced that its Board of Directors has authorized the repurchase of up to an aggregate of $25 million of its common stock through October 2020, unless extended or shortened by the Board of Directors.
We continue to improve the performance of the business and that is showing in our financial results. We have strengthened our cash and equivalents balance by more than $20 million in the last year and expect to continue to generate cash going forward, said Simon Biddiscombe, CEO,... More
MobileIron Announces Strong Third Quarter 2018 Results
October 30, 2018 4:05 PM EDTDelivers Record Revenue and Profit
19% Recurring Revenue Growth
14% Billings Growth
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL), the secure foundation for modern work, today announced results for its third quarter ended September 30, 2018.
Third Quarter 2018 Financial Highlights
Revenue was $49.3 million, up 8% year-over-year. Recurring revenue was $39.7 million, up 19% year-over-year. Billings were $57.2 million, up 14% year-over-year. GAAP net loss per share was $0.07; non-GAAP net income per... More