Carbonite (CARB) Tops Q1 EPS by 7c, Affirms FY 2018 Revenue Guidance, Raises FY 2018 EPS Guidance

Carbonite (NASDAQ: CARB) reported Q1 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $64 million versus the consensus estimate of $63.88 million.

GUIDANCE:

Carbonite sees Q2 2018 EPS of $0.34-$0.38. Carbonite sees Q2 2018 revenue of $78-80 million.

Carbonite sees FY 2018 EPS of $1.51-$1.59, up from prior of $1.45-1.55. Carbonite sees FY 2018 revenue of $302.5-312.5 million.

For earnings history and earnings-related data on Carbonite (CARB) click here.

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