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Last $11.05 USD
Change Today -0.14 / -1.25%
Volume 184.9K
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

carbonite inc (CARB) Snapshot

Open
$11.22
Previous Close
$11.19
Day High
$11.33
Day Low
$11.04
52 Week High
02/25/15 - $15.43
52 Week Low
04/28/14 - $8.31
Market Cap
301.1M
Average Volume 10 Days
293.1K
EPS TTM
$-0.31
Shares Outstanding
27.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CARBONITE INC (CARB)

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carbonite inc (CARB) Details

Carbonite, Inc. provides cloud and hybrid backup solutions to small and medium sized businesses and individuals in the United States. It offers Carbonite Personal Basic, Carbonite Personal Plus, Carbonite Personal Prime, Carbonite Pro Basic, and Carbonite Pro Prime solutions to access, edit, and share backed-up files from various devices. The company encrypts files using a secure key before the files leave the customer’s computer and transmit the encrypted files over the Internet to one of its data centers, as well as on its servers to guard against unauthorized access. It also provides server software designed primarily for cloud backup. The company offers its solutions through distributors, resellers, and retailers. Carbonite, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.

579 Employees
Last Reported Date: 03/10/15
Founded in 2005

carbonite inc (CARB) Top Compensated Officers

Co-Founder and Executive Chairman
Total Annual Compensation: $340.0K
Chief Financial Officer and Treasurer
Total Annual Compensation: $279.1K
Vice President, General Counsel and Secretary
Total Annual Compensation: $250.0K
Senior Vice President of Sales and Marketing
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

carbonite inc (CARB) Key Developments

Carbonite, Inc. Revised Earnings Guidance for the First Quarter Ending March 31, 2015; Reaffirms Annual Guidance for the Full Year of 2015

Carbonite, Inc. revised earnings guidance for the first quarter ending March 31, 2015. For the quarter, the company expects revenue to exceed the high end of the previously provided guidance range of $31.9 million to $32.1 million and expects a smaller non-GAAP net loss per share than the previously provided guidance range of $0.09 to $0.07 per share. The Company also reaffirmed annual guidance that total revenue for the full year 2015 will be within or above the range of $137 million to $138 million, non-GAAP earnings per share will be within or above the range of $0.08 to $0.10, non-GAAP gross margin will increase approximately 200 basis points over 2014 and free cash flow will be in the range of $16 million to $18 million.

Carbonite, Inc. Announces Preliminary Earnings Results for the First Quarter Ended March 31, 2015 and Year of 2015

Carbonite, Inc. announced preliminary financial results for the first quarter ended March 31, 2015. The expects first quarter revenue to exceed the high end of the previously provided guidance range of $31.9 million - $32.1 million and expects a smaller non-GAAP net loss per share than the previously provided guidance range of $0.09 per share- $0.07 per share. The company also reaffirmed annual guidance that total revenue for the full year 2015 will be within or above the range of $137 million -$138 million, non-GAAP earnings per share will be within or above the range of $0.08 - $0.10, non-GAAP gross margin will increase approximately 200 basis points over 2014 and free cash flow will be in the range of $16 million-$18 million.

Carbonite Concludes Strategic Alternatives Review Process

Carbonite, Inc. (NasdaqGM:CARB) announced that its Board of Directors had authorized the exploration of a broad range of strategic alternatives, including a possible sale of the Company. Carbonite retained Deutsche Bank Securities Inc., Foley & Lardner LLP and Sidley Austin LLP to facilitate a comprehensive review to maximize value for shareholders. As part of this process Carbonite engaged with a significant number of potential strategic and financial acquirers, resulting in several companies signing confidentiality agreements and engaging in due diligence over the past three months. After extensive discussions with interested parties, the interests expressed were unlikely to lead to an acquisition of the entire Company and did not present an attractive alternative to the Company's stand-alone plan.

 

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CARB Competitors

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Immediatek Inc $0.34 USD 0.00
Novavisions AG €0.01 EUR 0.00
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Industry Analysis

CARB

Industry Average

Valuation CARB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.4x
Price/Book 20.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.0x
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