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CBLK - Carbon Black: Attractive Even After Recent Speculation
Carbon Black Inc.
As expected, Carbon Black's (CBLK) Q2 earnings were better than expected with particular strength coming from their cloud segment, which now represents ~38% of total revenue. With management continuing to focus on the faster-growth cloud operations in addition to having better expense control, investors have a lot to look forward to over the coming quarters.
In addition, there have been recent rumors of CBLK looking at a potential sale as they even hired Morgan Stanley to field interest from potential buyers. While these remain only rumors, a potential buyer looking to acquire a