The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Carbonite's revenues will grow 27.5% and EPS will remain in the red.
The average estimate for revenue is $25.8 million. On the bottom line, the average EPS estimate is -$0.11.
Last quarter, Carbonite tallied revenue of $24.5 million. GAAP reported sales were 32% higher than the prior-year quarter's $18.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.18. GAAP EPS were -$0.29 for Q1 compared to -$0.36 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 63.9%, 50 basis points better than the prior-year quarter. Operating margin was -29.6%, much better than the prior-year quarter. Net margin was -30.3%, much better than the prior-year quarter.
The full year's average estimate for revenue is $105.3 million. The average EPS estimate is -$0.42.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 16 members out of 49 rating the stock outperform, and 33 members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give Carbonite a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Carbonite is outperform, with an average price target of $12.75.
Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Carbonite on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Carbonite to My Watchlist.