Carbonite Announces Second 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
BOSTON, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, today announced financial results for the quarter ended June 30, 2018. Second Quarter 2018 Highlights: Revenue of $77.7 million increased 32% year-over-year.Non-GAAP revenue of $79.9 million increased 31% year-over-year.1Bookings of $81.8 million increased 28% year-over-year.2Net loss per share was ($0.20) (basic and diluted), as compared to ($0.23) in 2017 (basic and diluted).Non-GAAP net income per share was $0.50 (basic) and $0.45 (diluted), as compared to $0.15 (basic and diluted) in 2017.4 “I am very pleased with our financial and operating results in the second quarter,” said Mohamad Ali, CEO of Carbonite. “We closed our acquisition of Mozy in March and the integration continues to progress well. We completed a successful equity offering in July strengthening our balance sheet and positioning us to become the premier data protection company.” “In the second quarter
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