Carbonite (CARB) Tops Q3 EPS by 2c

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Go back to Carbonite (CARB) Tops Q3 EPS by 2c

Carbonite Reports Record Revenues and Gross Margins for the Third Quarter of 2015

October 28, 2015 7:00 AM EDT

BOSTON, Oct. 28, 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 third quarter ended September 30, 2015. The Company reported record revenue of $34.6 million for the third quarter, an increase of 10% year over year, and total bookings of $34.2 million for the third quarter, an increase of 12% year over year.

"We continued to see strong performance driven by the steady demand for our Carbonite Server Backup and Mailstore products," said Mohamad Ali, President and CEO of... More