MobileIron Announces Fourth Quarter 2019 Results

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MobileIron (MOBL) Misses Q4 EPS by 8c, Revenues Miss; Offers Q1 & FY20 Revenue Guidance Below Consensus

February 6, 2020 4:54 PM EST

MobileIron (NASDAQ: MOBL) reported Q4 EPS of ($0.04), $0.08 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $54.1 million versus the consensus estimate of $55.48 million.

Fourth Quarter 2019 Financial Highlights

Revenue was $54.1 million, flat year-over-year.ARR was $179.5 million, up 10% year-over-year.

Despite continued headwinds in Europe, I am pleased that the team delivered on our revenue and ARR guidance, said Simon Biddiscombe, CEO, MobileIron. As we move into 2020,... More