Carbon Black (CBLK) reported earnings on Wed 20 Feb 2019 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Carbon Black beats by $0.04, beats on revs; guides Q1 EPS below consensus, revs below consensus; guides FY19 EPS above consensus, revs below consensus

• Reports Q4 (Dec) loss of $0.20 per share, $0.04 better than the S&P Capital IQ Consensus of ($0.24); revenues rose 27.6% year/year to $56.9 mln vs the $55.59 mln S&P Capital IQ Consensus.
• During the three months ended December 31, 2018, CBLK used ($9.2) million of cash in operations and ($1.1) million in capital expenditures and capitalized software development costs, leading to negative free cash flow of ($10.3) million, compared to positive free cash flow of $3.6 million in the year-ago period.
• Co issues downside guidance for Q1, sees EPS of ($0.23)-($0.22) vs. ($0.21) S&P Capital IQ Consensus; sees Q1 revs of $56.5-$57.5 mln vs. $58.77 mln S&P Capital IQ Consensus.
• Co issues mixed guidance for FY19, sees EPS of ($0.64)-($0.61) vs. ($0.69) S&P Capital IQ Consensus; sees FY19 revs of $240-$244 mln vs. $257.25 mln S&P Capital IQ Consensus.