Carbonite (CARB) Tops Q1 EPS by 20c

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Carbonite Announces Fiscal First Quarter 2016 Results

May 3, 2016 7:01 AM EDT

BOSTON, May 03, 2016 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of cloud backup and disaster recovery solutions for small and midsize businesses (SMBs), today announced financial results for the quarter ended March 31, 2016.

Q1'16 Highlights: 

Non-GAAP revenue of $48.7 million increased 47% year over year.1 Revenue of $48.1 million increased 46% year over year.Bookings of $52.3 million increased 42% year over year.2SMB bookings grew 124% year over year.Non-GAAP net income (loss) per... More