Carbonite, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Earnings Guidance for the Second Quarter of 2019; Revises Earnings Guidance for the Full Year of 2019
The company provided earnings guidance for the second quarter of 2019 and revised earnings guidance for the full year of 2019. For the second quarter of 2019, the company expects GAAP revenue to be in the range of $119 million to $123 million.
For the year 2019, the company now expects GAAP revenue to be in the range of $457 million to $471 million compared to previous guidance to be in the range of $468 million to $482 million.