Good Technology shows improving financials in updated IPO filing

Good Technology continues to narrow its losses while growing its revenue, the mobile device management company reported in an updated IPO filing on Thursday.

Sunnyvale-based Good, led by CEO Christy Wyatt, postponed going public last year at about the same time that investors started looking more skeptically at profitless enterprise software companies.

The company’s revenue rose 32 percent in 2014 to about $211.9 million. That rate of growth is down from the nearly 38 percent jump it posted between 2012 and 2013.

But it also narrowed its losses to $95.4 million in 2014 from $118.4 million in 2013. “Red more”


Comments are closed.