Carbonite (CARB) Tops Q1 EPS by 9c
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Carbonite Announces First Quarter 2019 Financial Results
May 2, 2019 4:05 PM EDTBOSTON--(BUSINESS WIRE)-- Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, today announced financial results for the first quarter ended March 31, 2019.
First Quarter 2019 Highlights:
Revenue of $81.2 million increased 27% year-over-year. Non-GAAP revenue of $83.0 million increased 28% year-over-year.1 Net income was $2.0 million, compared to net income of $11.9 million in 2018. Net income per share was $0.06 (basic and diluted), as compared to $0.42 (basic) and $0.40 (diluted) in 2018. Non-GAAP net income per share was $0.45 (basic) and $0.44 (diluted), as compared to $0.29 (basic)... More