MobileIron (MOBL) Misses Q1 EPS by 1c; Slight Miss on Revenues; Offers 2Q & FY19 Revenue Outlook

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MobileIron Announces Solid First Quarter 2019 Results

April 25, 2019 4:05 PM EDT

ARR Growth of 18%

Double digit revenue growth for second quarter in a row

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL), the secure foundation for modern work, today announced results for its first quarter ended March 31, 2019.

First Quarter 2019 Financial Highlights

Revenue was $48.1 million, up 10% year-over-year. ARR was $167.2 million, up 18% year-over-year. Cash generated in operating activities was $7.8 million.

MobileIron began 2019 with a solid first quarter,... More