Carbonite (CARB) Tops Q4 EPS by 5c
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February 7, 2019 4:16 PM EST
Combination of backup and recovery with cloud-based cybersecurity
delivers a new approach to protecting endpoints
Complementary sales channels reach customers with a complete solution
thats powerful, yet simple
Transaction valued at $618.5 million; expected to be immediately
accretive on an earnings and cash flow basis
BOSTON & BROOMFIELD, Colo.--(BUSINESS WIRE)--
Carbonite, Inc. (Nasdaq: CARB) (Carbonite or the Company), a leading
cloud-based data protection provider, and Webroot Inc. (Webroot), a
leading cybersecurity company, today announced that they have entered
into a definitive agreement under which... More
February 7, 2019 4:09 PM EST
BOSTON--(BUSINESS WIRE)--
Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection,
today announced financial results for the quarter and full year ended
December 31, 2018. Carbonite also announced that Linda Connly, a sales
and marketing veteran, has joined its Board of Directors.
Full Year 2018 Highlights:
Revenue of $296.4 million increased 24% year-over-year.
Non-GAAP revenue of $301.9 million increased 23% year-over-year.1
Net income was $7.6 million, compared to net loss of ($4.0) million in
2017.
Net income (loss) per share was $0.24 (basic) and $0.22 (diluted), as
compared to ($0.14) in 2017 (basic and...
More
