Carbon Black reports Q3 EPS (26c), consensus (25c)
Reports Q3 revenue $53.4M, consensus $52.71M. Carbon Black delivered solid third quarter results, highlighted by 34% recurring revenue growth and 126% growth in cloud revenue," said Patrick Morley, President and Chief Executive Officer of Carbon Black. "Our growing portfolio of products available on the Cb Predictive Security Cloud(TM), which is now up to 5, has established Carbon Black as a leading cloud endpoint security platform. Customers are choosing the PSC to help protect them from an increasing number of sophisticated cyber threats, while simplifying their security operations."Morley continued, "We are particularly excited by the recent introduction of Cb ThreatHunter, our new incident response and threat hunting solution available on the Predictive Security Cloud. Based on the capabilities of our industry leading Cb Response offering, Cb ThreatHunter leverages and extends our deep EDR expertise and intellectual property to the PSC. We believe the breadth and efficacy of the Predictive Security Cloud provide a number of growth opportunities for the company."