MobileIron Announces Second Quarter 2020 Results
MOBILEIRON (MOBL)
Last mobileiron earnings: 4/29 04:05 pm
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Source: Business Wire
Delivers record revenue for growth of 16% year over yearExceeds ARR guidanceEnd of perpetual license completes transition to subscription business MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--MobileIron (NASDAQ: MOBL), the mobile-centric security platform for the Everywhere Enterprise, today announced results for its second quarter ended June 30, 2020.Second Quarter 2020 Financial HighlightsRevenue was $58.9 million, up 16% year-over-year.ARR was $187.1 million, up 9% year-over-year.Operating loss was $8.1 million; non-GAAP operating income was $5.6 million or 9.4% of revenue.“In the face of the hurdles brought on by the pandemic, our team’s focus and execution enabled us to grow second quarter revenue by 16% and report record non-GAAP operating margin of 9.4%. Beyond our financial accomplishments, we continued to demonstrate the leading innovation that makes MobileIron the most robust mobile-centric security platform by introducing the first multi-vector, mobile phishing protection to
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