Carbonite (CARB) Tops Q2 EPS by 6c

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Carbonite Announces Second Quarter 2018 Financial Results

August 2, 2018 4:05 PM EDT

BOSTON, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, today announced financial results for the quarter ended June 30, 2018.

Second Quarter 2018 Highlights:

Revenue of $77.7 million increased 32% year-over-year.Non-GAAP revenue of $79.9 million increased 31% year-over-year.1Bookings of $81.8 million increased 28% year-over-year.2Net loss per share was ($0.20) (basic and diluted), as compared to ($0.23) in 2017 (basic and diluted).Non-GAAP net income per share was $0.50 (basic) and $0.45 (diluted), as compared to $0.15 (basic and diluted) in 2017.4

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