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Wireless

MobileIron lifts revenues, narrows loss in Q4

Wednesday 8 February 2017 | 16:50 CET | News
MobileIron reported fourth quarter results showing revenues up 6 percent from the year before to USD 45.5 million, and gross billings rising 14 percent to USD 55.4 million. The net loss narrowed to USD 10.2 million or USD 0.12 per share from a loss of 14.4 million or 0.18. Cash flow generated from operations went to USD 8.5 million while cash and equivalents at the end of the quarter amounted to USD 90.2 million. CEO Barry Mainz said the quarter was the company's strongest ever and that cash generation passed breakeven.

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Categories: Mobile & Wireless
Countries: World
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