|Bid||37.95 x 900|
|Ask||38.00 x 800|
|Day's Range||37.01 - 38.60|
|52 Week Range||18.55 - 41.25|
|PE Ratio (TTM)||3,158.33|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.38|
Carbonite, Inc. (CARB), a leader in data protection, today announced the pricing of an underwritten public offering of 4,765,157 shares of its common stock at the public offering price of $37.50 per share. In addition, 698,080 shares beneficially owned by David Friend, a co-founder and director, have been offered by a selling stockholder at the public offering price. Carbonite has granted the underwriters a 30-day option to purchase up to an additional 819,485 shares of common stock offered by Carbonite in the public offering at the public offering price. The gross proceeds to the Company from the offering, before deducting underwriting discounts and estimated offering expenses, are expected to be $178.7 million, excluding any proceeds from the exercise of the underwriters' option to purchase additional shares. Carbonite intends to use the net proceeds from this offering to repay outstanding amounts under its existing $130 million revolving credit facility and for general corporate purposes, including potential acquisitions.
Check out the companies making headlines after the bell: Netflix NFLX stock sank nearly 14 percent in extended-hours trading. Netflix only added 674,000 subscribers in the US during its second quarter, well below the analysts' expectations of 1.
Carbonite Inc. (carb) shares declined in the extended session Monday after the cloud-storage company released preliminary results that topped Wall Street estimates but also announced a secondary offering of shares. Carbonite shares fell 6.3% after hours, following an initial 4% rise on the preliminary results, and had closed down 0.1% at $38.40. Carbonite said it was offering 4 million shares of stock, with an additional 678,000 shares for underwriters to cover overallotments, with proceeds going to help pay down debt.
Carbonite, Inc. (CARB), a leader in data protection, today announced that it has commenced a proposed public offering of 4.0 million shares of its common stock. In addition, 520,156 shares beneficially owned by David Friend, a co-founder and director, are being offered by a selling stockholder. Carbonite expects to grant the underwriters a 30-day option to purchase up to an additional 678,023 shares of common stock offered by Carbonite in the public offering at the public offering price. Carbonite intends to use the net proceeds from this offering to repay outstanding amounts under its existing $130 million revolving credit facility and for general corporate purposes, including potential acquisitions.
BOSTON, July 16, 2018-- Carbonite, Inc., a global leader in data protection, today announced preliminary financial results for the second quarter ended June 30, 2018 and business outlook for the full year ...
BOSTON, July 16, 2018-- Carbonite, Inc., a global leader in data protection, announced that it will publish financial results for the second quarter 2018 following the close of market on Thursday, August ...
Carbonite Inc (NASDAQ:CARB) is a small-cap stock with a market capitalization of US$1.05b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they endRead More...
NEW YORK, June 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of First ...
BOSTON, May 16, 2018-- Carbonite, Inc., today announced that the company is scheduled to participate at the following investor events:. B. Riley FBR 19 th Annual Institutional Investor Conference on Wednesday ...
BOSTON, May 15, 2018-- Today, Carbonite, Inc. a global leader in data protection, announced that the Carbonite Charitable Fund awarded grants to six U.S. organizations to enhance educational programs in ...
BOSTON (AP) _ Carbonite Inc. (CARB) on Monday reported first-quarter net income of $11.9 million. On a per-share basis, the Boston-based company said it had net income of 40 cents. For the current quarter ending in July, Carbonite expects its per-share earnings to range from 34 cents to 38 cents.
Financial and Operating Results Highlight Strong Start to the Year. BOSTON, May 07, 2018-- Carbonite, Inc., a leader in data protection, today announced financial results for the quarter ended March 31, ...
The rapid rise of cloud computing and artificial intelligence (AI) is driving demand for data storage stocks like Pure Storage, Smart Global, Micron Technology, NetApp and Carbonite.
BOSTON and LAS VEGAS, May 02, 2018-- Carbonite, Inc., a leading data protection provider for businesses, announced it will showcase the Carbonite Data Protection Platform and strategic roadmap at Dell ...
BOSTON, April 30, 2018-- Carbonite, Inc., today announced that the company is scheduled to participate at the following investor events:. Jefferies 2018 Global Technology conference on Wednesday May 9, ...
Fears of an oversupply and price wars in the chip-storage market have softened, lifting the stocks of Western Digital, Micron, Smart Global Holdings and others.