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There are a few reasons for investors to be more cautious following Carbonite (CARB)’s mixed results in its most recent Q2 earnings call in July. Carbonite beat the EPS estimates by $0.1 but missed on revenue estimates by $8.18 million. Furthermore, Carbonite also lowers its guidance for both Q3 and FY 2019. Shortly after its Q2 earnings call, Carbonite’s shares were down by 19.9%. It traded downside further to reach its all-time low of $12 per share before heading back to $15.48 in the second week of September. While the shares volatility