Carbonite Announces First Quarter 2018 Financial Results
CARBONITE (CARB)
Last carbonite earnings: 11/11 08:00 am
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US:NASDAQ Investor Relations:
investor.carbonite.com/investor-relations
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Source: GlobeNewswire
Financial and Operating Results Highlight Strong Start to the Year BOSTON, May 07, 2018 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leader in data protection, today announced financial results for the quarter ended March 31, 2018. First Quarter 2018 Highlights: Revenue of $64.0 million increased 12% year-over-year.Non-GAAP revenue of $64.9 million increased 10% year-over-year.1Bookings of $67.6 million increased 9% year-over-year.2Net income per share was $0.42 (basic) and $0.40 (diluted), as compared to $0.27 in 2017 (basic and diluted).Non-GAAP net income per share was $0.29 (basic) and $0.27 (diluted), as compared to $0.09 (basic and diluted) in 2017.4 “Q1 was a great start to the year for Carbonite. We closed the Mozy acquisition, and we started integrating and onboarding the team. We continue to successfully execute our strategy, building the leading data protection platform for businesses, positioning us well to serve a large and growing market opportunity,” said
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