Carbon Black (CBLK) reported earnings on Thur 7 June 2018 (a/h)

** charts before earnings **

 

** charts after earnings **

 

 ** 11 days later **

Carbon Black beats by $0.29, reports revs in-line with pre-announcement; guides Q2 above consensus; guides FY18 EPS above consensus, revs above consensus 

• Reports Q1 (Mar) loss of $0.98 per share, excluding non-recurring items, $0.29 better than the Capital IQ Consensus of ($1.27); revenues rose 34.8% year/year to $48.4 mln vs the $47.99 mln Capital IQ Consensus. Co preannounced rev of $47.5-48.0 mln in the IPO prospectus.
• Ended the quarter with 4,006 total customers, up from 2,648 in the year-ago period and from 3,739 at the end of the previous quarter. Growth was driven by strong demand across the entire product portfolio and customer acquisition across a broad range of industries. Growth of customers who licensed at least one cloud product increased to 1,870 at the end of the first quarter, compared to 552 in the year-ago period and 1,605 at the end of the previous quarter.
• Co issues upside guidance for Q2, sees EPS of ($0.41-0.42) vs. ($0.43) Capital IQ Consensus Estimate; sees Q2 revs of $48.5-49.0 mln vs. $48.21 mln Capital IQ Consensus Estimate.
• Co issues upside guidance for FY18, sees EPS of ($1.32-1.35) vs. ($1.38) Capital IQ Consensus Estimate; sees FY18 revs of $203.0-204.5 mln vs. $202.01 mln Capital IQ Consensus Estimate.