MOUNTAIN VIEW, Calif. (AP) _ MobileIron Inc. (MOBL) on Wednesday reported a loss of $8.5 million in its second quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 7 cents. Earnings, adjusted for stock option expense and amortization costs, were 4 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The IT company for mobile applications industry posted revenue of $58.9 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $49.9 million.

For the current quarter ending in October, MobileIron said it expects revenue in the range of $48 million to $51 million.

The company expects full-year revenue in the range of $203 million to $210 million.

MobileIron shares have climbed 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.90, a fall of 16% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOBL at https://www.zacks.com/ap/MOBL

Automated Insights, source Associated Press News