Carbonite Announces Second Quarter 2019 Financial Results

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Carbonite (CARB) Tops Q2 EPS by 10c; Lowers FY Rev Outlook

July 25, 2019 4:38 PM EDT

Carbonite (NASDAQ: CARB) reported Q2 EPS of $0.56, $0.10 better than the analyst estimate of $0.46. Revenue for the quarter came in at $121.5 million versus the consensus estimate of $135.21 million.

Carbonite delivered second quarter non-GAAP revenue of $135 million, up 69% year-over-year, while delivering an adjusted EBITDA margin... More