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Adam_a

Carbonite Announces Agreement To Acquire Mozy From Dell

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The numbers for the year showed Carbonite with revenue of $239.5 million or up 16% from 2016. Bookings were up 17% or $245.9 million. Gross margin was reported as 70.7% GAAP and 75.5% non-GAAP. The company is reporting a net loss of $4 million, or $0.14 per diluted share, for 2017. Total cash and cash equivalents were reported as $128.2 million up form $59.2 million in 2016. Cash flow from operations for the year was $31.3 million and free cash flow was $20.2 million. 

 

Carbonite Announces Agreement To Acquire Mozy From Dell

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