Last $10.94 USD
Change Today -0.08 / -0.73%
Volume 45.4K
CARB On Other Exchanges
Symbol
Exchange
NASDAQ GM
Frankfurt
As of 8:10 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

carbonite inc (CARB) Snapshot

Open
$11.05
Previous Close
$11.02
Day High
$11.09
Day Low
$10.87
52 Week High
10/21/13 - $16.02
52 Week Low
04/15/14 - $8.26
Market Cap
294.1M
Average Volume 10 Days
57.8K
EPS TTM
$-0.17
Shares Outstanding
26.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CARBONITE INC (CARB)

Related News

No related news articles were found.

carbonite inc (CARB) Related Businessweek News

No Related Businessweek News Found

carbonite inc (CARB) Details

Carbonite, Inc. provides cloud backup solutions with access to files stored in its servers in the United States. The company’s solutions enable its customers to manually pick and choose, which files to back up; restore files, which are accidentally deleted or overwritten; and browse and share photos, music and videos, and documents using a Web browser or free iPad, iPhone, and Android apps to its customers. Its solutions also enable its customers to encrypt files before they are transmitted to its data centers, as well as guards against unauthorized access to stored files. The company offers Carbonite Personal Basic, Carbonite Personal Plus, Carbonite Personal Prime, Carbonite Pro Basic, Carbonite Pro Plus, and Carbonite Pro Prime solutions to access, edit, and share backed-up files from any devices. In addition, it provides server software designed primarily for cloud backup. Carbonite, Inc. offers its solutions through distributors, resellers, and retailers. Carbonite, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.

421 Employees
Last Reported Date: 03/5/14
Founded in 2005

carbonite inc (CARB) Top Compensated Officers

Co-Founder, Executive Chairman, Chief Executi...
Total Annual Compensation: $340.0K
Chief Financial Officer, Principal Accounting...
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. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014; Revises Earnings Guidance for the Year 2014

Carbonite, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenue was $30,295,000 against $26,216,000 a year ago. Loss from operations was $2,547,000 against $2,305,000 a year ago. Loss before income taxes was $2,526,000 against $2,307,000 a year ago. Net loss was $2,536,000 or $0.09 per basic and diluted share against $2,317,000 or $0.09 per basic and diluted share a year ago. Non-GAAP net loss was $707,000 or $0.03 per basic and diluted share against $431,000 or $0.02 per basic and diluted share a year ago. Net cash provided by operating activities was $3,275,000 against $3,405,000 a year ago. Purchases of property and equipment were $1,895,000 against $2,214,000 a year ago. For the six months, revenue was $59,433,000 against $50,724,000 a year ago. Loss from operations was $3,488,000 against $9,716,000 a year ago. Loss before income taxes was $3,498,000 against $9,716,000 a year ago. Net loss was $3,518,000 or $0.13 per basic and diluted share against $9,736,000 or $0.38 per basic and diluted share a year ago. Non-GAAP net loss was $183,000 or $0.01 per basic and diluted share against $5,084,000 or $0.20 per basic and diluted share a year ago. Net cash provided by operating activities was $10,600,000 against $7,190,000 a year ago. Purchases of property and equipment were $5,040,000 against $5,345,000 a year ago. For the third quarter of 2014, the company’s revenues are expected to be in the range of $31.2 million to $31.4 million and non-GAAP net loss per share to be in the range of $0.01 to non-GAAP net income per share of $0.01. For the full year of 2014, based on performance in second quarter, the company is revising full year guidance for revenue and profitability. It is narrowing revenue guidance to be in the range of $122.4 million to $123 million and non-GAAP net loss to be in the range of $0.06 to $0.02 per share. It is still expecting gross margin for the full year to be relatively flat compared to 2013 and free cash flow in the range of $12 million to $14 million before one-time items associated with the relocation of corporate headquarters in Boston and one of its data centers.

Carbonite, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-13-2014 01:05 PM

Carbonite, Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-13-2014 01:05 PM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States.

Carbonite, Inc. to Report Q2, 2014 Results on Jul 29, 2014

Carbonite, Inc. announced that they will report Q2, 2014 results at 7:00 AM, US Eastern Standard Time on Jul 29, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CARB:US $10.94 USD -0.08

CARB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AVG Technologies NV $17.14 USD -0.06
Immediatek Inc $2.00 USD 0.00
j2 Global Inc $50.44 USD -0.82
RingCentral Inc $13.29 USD -0.25
Spare Backup Inc $0.0045 USD -0.0005
View Industry Companies
 

Industry Analysis

CARB

Industry Average

Valuation CARB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.5x
Price/Book 21.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CARBONITE INC, please visit www.carbonite.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.