MobileIron (MOBL) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q & FY20 Revenue Mid-Point Guidance Above Consensus

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Go back to MobileIron (MOBL) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q & FY20 Revenue Mid-Point Guidance Above Consensus

MobileIron Announces First Quarter 2020 Results

April 29, 2020 4:05 PM EDT

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- MobileIron (NASDAQ: MOBL) today announced results for its first quarter ended March 31, 2020.

First Quarter 2020 Financial Highlights

Revenue was $49.7 million, up 3% year-over-year. ARR was $180.8 million, up 8% year-over-year. Cash generated in operating activities was $7.2 million. Cash and equivalents were up $4.2 million in the quarter to $98.6 million.

In the face of this global pandemic, I am thankful that our team is safe and well and I... More