Carbonite (CARB) Tops Q2 EPS by 16c; Guides Above the Street

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Go back to Carbonite (CARB) Tops Q2 EPS by 16c; Guides Above the Street

Carbonite Announces Second Quarter 2016 Financial Results

August 2, 2016 7:01 AM EDT

BOSTON, Aug. 02, 2016 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of cloud backup and restore solutions for small and midsize businesses (SMBs), today announced financial results for the quarter ended June 30, 2016.

Q2'16 Highlights:

Revenue of $53.4 million increased 57% year over year.Net income (loss) per share was $0.04, as compared to ($0.18) in the second quarter of 2015.

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