MobileIron, Inc. (NASDAQ:MOBL) Q2 2020 Earnings Conference Call - Final Transcript

Jul 29, 2020 • 04:30 pm ET

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MobileIron, Inc. (NASDAQ:MOBL) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Welcome to the MobileIron Second Quarter Fiscal Year 2020 Financial Results Conference Call. As a reminder, all participants are in a listen-only mode and the conference is being recorded.

[Operator Instructions] I would now like to turn the conference over to Erik Bylin. Please go ahead.

Executive
Erik Bylin

Thank you, Christine. Good afternoon, and welcome to MobileIron's second quarter 2020 financial results conference call. Joining us from the Company are Simon Biddiscombe, CEO and Scott Hill, CFO.

The format of the call will be remarks by Simon, then Scott will provide details on the financials. We will then have time for questions. If you have not received a copy of today's press release, please go to MobileIron's Investor Relations website at investors.mobileiron.com.

Today's conference call contains forward-looking statements that involve risks and uncertainties, including statements regarding MobileIron's revenue, operating expenses, GAAP and non-GAAP financial metrics, product releases, projections, and trends.

All of these forward-looking statements are subject to a number of significant risks, uncertainties and assumptions. Actual results could differ materially from the statements made on this call. Please see the Risk Factors section of our SEC filings.

All statements made on the call are made as of today. We assume no obligation and do not currently intend to update such forward-looking statements. If this call is reviewed after today, the information presented during this call may not be accurate or correct.

With regard to non-GAAP financial metrics, while we believe them to be helpful in understanding MobileIron's financial performance, they are not meant to be considered in isolation or as a substitute for comparable GAAP metrics. They should read only in conjunction with MobileIron's consolidated financial statements prepared in accordance with GAAP.

A reconciliation of the non-GAAP financial metrics to the GAAP metrics can be found in our press release and on the Investor Relations page of our website. We do not provide a reconciliation of forward-looking non-GAAP financial measures due to our inability to project certain charges and expenses. Unless otherwise stated, results shared today will be non-GAAP.

At this time, I would now like to turn the call over to Simon. Please go ahead.

Executive
Simon Biddiscombe

Thank you, Erik, and good afternoon. In my remarks today, I will provide brief overview of our second quarter financial performance, comment on our recently added anti-phishing capabilities, speak to our expanding relationship with Apple, and then share some recent customer successes.

First and most importantly, I am happy to report that the team of MobileIron remains largely safe and healthy. Our Company remains in work-from-home mode and I am extremely proud of how resilient our team has been. MobileIron is executing at a very high level and that can be seen across all aspects of our business.

Now, I will provide a brief overview of our results. Revenue in the second quarter was $58.9 million, a record for MobileIron, a growth of 16% year-over-year. Importantly, this is the first quarter in four years that both the U.S. and international revenues grew in double-digits. Our revenues