Carbonite (CARB) Tops Q1 EPS by 2c
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Carbonite Announces First Quarter 2017 Financial Results
May 4, 2017 4:06 PM EDTBOSTON, May 04, 2017 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of data protection solutions for businesses, today announced financial results for the quarter ended March 31, 2017.
First Quarter 2017 Highlights:
Closed acquisition of Double-Take Software.Priced $143.8 million private offering of senior convertible notes.Repurchased $15.0 million in common stock.Revenue of $57.1 million increased 19% year-over-year.Non-GAAP revenue of $59.1 million increased 21% year-over-year.1Net income (loss) per share was $0.27, as compared to... More