#Carbonite stock free#

5, the last trading day before a media r NovemOpenText buys data backup firm Carbonite for 1. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. OpenText will pay 23 for each Carbonite share, equal to a 78 premium over Carbonite's closing stock price on Sept. You may use and the contents contained in solely for your own individual non-commercial and informational purposes only. In the short term (2weeks), CARBs stock price should outperform the market by 0.96.During that period the price should oscillate between -5.20 and +5.38. Buy Sell 3 Carbonite price target What analysts think CARB will be worth Low 0 High 29. CARB stock forecast Our latest prediction for Carbonite, Inc.s stock price was made on the Jwhen the stock price was at 26.27. Liable for your own investment decisions and agree to the Carbonite To Be Acquired By OpenText For 1.42B Carbonite stock rating What analysts recommend for CARB stock, on a scale from 1 (buy) to 5 (sell). Users should not base their investment decision upon . There are a few reasons for investors to be more cautious following Carbonite (NASDAQ: CARB )’s mixed results in its most recent Q2 earnings call in July. Investors appear skeptical about the is a research service that provides financial data and technical analysis of publicly traded stocks.Īll users should speak with their financial advisor before buying or selling any securities. The acquisition is expected to be immediately accretive to earnings and cash flow once it closes, which is expected in the first quarter. The option you choose will be based on your location and preference. Backing your account with USD or EUR for exchanging can be done distinct ways, which includes SWIFT, SEPA and domestic wire transfers and creditcard. Webroot is a cybersecurity company, and Carbonite is trying to expand into cybersecurity to complement its data backup and recovery services. Begin buying Carbonite stock by depositing fiat currencies, like EUR or USD. In 2019 we plan to build upon these efforts, further expanding our data protection platform and delivering a broader set of solutions to our customers, while we invest aggressively in our distribution channels with a focus on driving continued growth and profitability.' Now whatĬarbonite is acquiring Webroot in an all-cash deal for $618.5 million, which Carbonite will fund with cash on hand, as well as taking on debt. 'We significantly strengthened our product platform and introduced one of the most complete Software-as-a-Service data protection portfolios in the market we did this while successfully continuing our acquisition integration work and driving meaningful improvements in profitability. 'We delivered on our strategic priorities in 2018,' CEO Mohamad Ali said in a statement.

#Carbonite stock free#

Adjusted EBITDA was $20.8 million, and adjusted free cash flow was $17.1 million. Analysts were expecting Carbonite to generate $79.9 million in revenue and post an adjusted profit of $0.42 per share. That led to non- GAAP net income of $16.2 million, or $0.45 per share. Revenue in the fourth quarter rose 25% to $77 million, with bookings increasing 31% to $78.8 million. Carbonite Inc: CARB: NASDAQ: Common Stock Price Change Change Percent Stock Price Last Traded 0.00: 0.0: 22.