MobileIron Announces Third Quarter 2019 Results
MOBILEIRON (MOBL)
Last mobileiron earnings: 4/29 04:05 pm
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Source: Business Wire
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--MobileIron (NASDAQ: MOBL), the company that introduced the industry’s first mobile-centric, zero trust platform for the enterprise, today announced results for its third quarter ended September 30, 2019.Third Quarter 2019 Financial HighlightsRevenue was $52.2 million, up 6% year-over-year.ARR was $174.3 million, up 14% year-over-year.“While we experienced softness in Q3 primarily related to macroeconomic factors in Europe, we remain confident that MobileIron’s solutions are ideally suited to meet the evolving needs of our customers in a Zero Trust world,” said Simon Biddiscombe, CEO, MobileIron. “Our mobile-centric innovation will continue to differentiate us in the market. In the quarter we expanded our zero sign-on solution to PCs and Macs and it is now in trials with well-known customers in the financial, manufacturing, and pharmaceutical verticals. Zero sign on extends our advantage with the most comprehensive solution suite to solve for
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