MobileIron (MOBL) Reports In-Line Q4 EPS, Revenues Miss; Offers Q1 Revenue Guidance Below Consensus, FY19 Mid-Point Revenue Guidance Below Consensus

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MobileIron Announces Strong Fourth Quarter 2018 Results

February 7, 2019 4:05 PM EST

Delivers Record Revenue and non-GAAP Operating Results

Recurring Revenue Growth of 21% in Q4, Highest in 9 Quarters

15% Billings Growth

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL), the secure foundation for modern work, today announced results for its fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Financial Highlights

Recurring revenue was $40.8 million, up 21% year-over-year. Revenue was $54.1 million, up 10% year-over-year. Billings were $69.5 million, up 15% year-over-year. GAAP net loss per share was $0.07; non-GAAP net income per share... More