Carbonite announces distribution agreement with SYNNEX Carbonite (CARB) has expanded its distribution network through an agreement with SYNNEX (SNX). The agreement allows SYNNEX' CLOUDSolv group to distribute Carbonite's platform of affordable, secure and easy-to-use market-leading cloud backup solutions for small to medium-sized businesses. SYNNEX is one of the first distributors to offer Carbonite's plans to their extensive reseller base. SYNNEX now offers Carbonite's full line of data backup and recovery products.
Carbonite backs FY15 EPS view of within or above (8c)-(10c), consensus 9c Reaffirms FY15 revenue guidance of within or above $137M-$138M, non-GAAP gross margin will increase approximately 200 basis points over 2014 and free cash flow will be in the range of $16-$18M.