Carbonite (CARB) Tops Q4 EPS by 5c
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Carbonite to Acquire Webroot, Creating a Leader in Endpoint Data Protection and Security
February 7, 2019 4:16 PM ESTCombination 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
Carbonite Announces Fourth Quarter and Full Year 2018 Financial Results
February 7, 2019 4:09 PM ESTBOSTON--(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