Carbonite (CARB) Tops Q2 EPS by 2c, Offers Q3 & FY Guidance

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Go back to Carbonite (CARB) Tops Q2 EPS by 2c, Offers Q3 & FY Guidance

Carbonite Reports Record Revenues and Gross Margins With 43% Year Over Year Growth in SMB Bookings for the Second Quarter of 2015

July 29, 2015 7:00 AM EDT

BOSTON, July 29, 2015 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced financial results for the second quarter ended June 30, 2015. The Company reported record revenue of $34.0 million for the second quarter, an increase of 12% year over year, and total bookings of $35.7 million for the second quarter, an increase of 17% year over year.

"With a 43% year over year increase in SMB bookings, driven by the strong performance of Carbonite Server Backup, it's clear that small businesses are increasingly turning to... More