MobileIron Pops 7% After Reporting Bigger Than Expected Q2 Revenue Of $31.5M

By Alex Wilhelm

Wall Street

Today marks MobileIron’s first earnings report as a public company. In the second quarter, the mobile device management company had GAAP revenue of $31.5 million, a per-share loss of $0.66 on a GAAP basis, and $0.52 on a non-GAAP basis. The market had expected MobileIron to lose $0.70 on revenue of $26.84 million. MobileIron went public at $9 per share. After cracking the $11 mark,… Read More

Source: Technology