Carbonite Announces Preliminary Second Quarter 2018 Financial Results and Full Year 2018 Guidance
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
BOSTON, July 16, 2018 (GLOBE NEWSWIRE) -- Carbonite, Inc. (the "Company") (NASDAQ:CARB), a global leader in data protection, today announced preliminary financial results for the second quarter ended June 30, 2018 and business outlook for the full year of 2018. Second Quarter 2018 Preliminary Results: While Carbonite’s normal financial closing and financial statement preparation process is in its preliminary stages, Carbonite currently expects the following preliminary financial results for the second quarter ended June 30, 2018: Prior Guidance(5/7/2018)Preliminary Results(7/16/2018) GAAP Revenue$75.8 - $77.8 million$77.3 - $78.0 million Non-GAAP Revenue1$78.0 - $80.0 million$79.3 - $80.0 million GAAP Net Loss Per Share (Diluted)Not Guided$(0.23) - $(0.20) Non-GAAP Net Income Per Share (Diluted)2$0.34 - $0.38$0.41 - $0.44 1 Non-GAAP revenue excludes the impact of purchase accounting adjustments for acquisitions. A reconciliation
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