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Commvault(CVLT) - 2024 Q3 - Quarterly Report
2024-01-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: December 31, 2023 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 1-33026 Commvault Systems, Inc. (Exact name of registrant as specified in its charter) Delaware 22-3447504 (State or other jurisdiction of incorporation or organization) (I.R. ...
Commvault (CVLT) Reports Q3 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-01-30 15:37
Commvault Systems (CVLT) reported $216.81 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.1%. EPS of $0.78 for the same period compares to $0.62 a year ago.The reported revenue represents a surprise of +4.08% over the Zacks Consensus Estimate of $208.3 million. With the consensus EPS estimate being $0.73, the EPS surprise was +6.85%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
Commvault Systems (CVLT) Tops Q3 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-30 14:56
Commvault Systems (CVLT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.85%. A quarter ago, it was expected that this data-management software company would post earnings of $0.65 per share when it actually produced earnings of $0.70, delivering a surprise of 7.69%.Over the last fo ...
Top Cybersecurity Luminaries Join Forces with Commvault to Shape the Next Era in Cyber Resilience
Prnewswire· 2024-01-29 13:30
New Commvault Cyber Resilience Council members to advise and accelerate development of advanced cyber resilience solutions TINTON FALLS, N.J., Jan. 29, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today announced that cybersecurity experts across a host of industries -- from security to public sector to technology -- have joined the Commvault Cyber Resilience Council. Melissa Hathaway Council members will advise Comm ...
CommVault (CVLT) to Report Q3 Earnings: What's in Store?
Zacks Investment Research· 2024-01-26 16:15
CommVault Systems (CVLT) is set to report third-quarter fiscal 2024 results on Jan 30.For third-quarter fiscal 2024, CVLT expects total revenues between $206 million and $210 million, indicating year-over-year growth of 7% at the midpoint. The Zacks Consensus Estimate for revenues is pegged at $208.3 million, suggesting a 6.78% increase from the year-ago quarter’s reported figure.For the quarter, the consensus mark for earnings has remained steady at 73 cents per share in the past 30 days. The figure indica ...
IT and Security Teams Increasingly United in Battle Against Sophisticated Cyberthreats, Research Finds
Prnewswire· 2024-01-25 13:30
New report from Commvault and Futurum shows organizations rallying around AI to counter AI-driven threats in 2024 TINTON FALLS, N.J., Jan. 25, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today released a new report that found the traditional silos between ITOps and security teams are beginning to break down, as organizations realize the importance of increased collaboration to combat the onslaught of more sophisticated ...
Commvault(CVLT) - 2024 Q2 - Earnings Call Transcript
2023-10-31 18:23
Commvault Systems, Inc. (NASDAQ:CVLT) Q2 2024 Earnings Conference Call October 31, 2023 8:30 AM ET Company Participants Michael Melnyk - Head, Investor Relations Sanjay Mirchandani - Chief Executive Officer Gary Merrill - Chief Financial Officer Conference Call Participants Aaron Rakers - Wells Fargo Howard Ma - Guggenheim Securities James Fish - Piper Sandler Rudy Kessinger - D.A. Davidson Eric Martinuzzi - Lake Street Capital Markets Jason Ader - William Blair Tom Blakeley - KeyBanc Capital Markets Operat ...
Commvault(CVLT) - 2024 Q2 - Quarterly Report
2023-10-31 16:00
Evaluation of Disclosure Controls and Procedures Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Inherent Limitations on Internal Controls UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Secu ...
Commvault(CVLT) - 2024 Q2 - Earnings Call Presentation
2023-10-31 13:20
$101 $113 $131 Q4'23 Q1'24 Q2'24 +77% YoY Healthy Subscription Customer Growth Subscription Revenue (unaudited, $ in M's) Includes software portion of term-based licenses and SaaS revenue . ~30% Customers use multiple SaaS offerings Customer data specific to fiscal Q2 FY'24. Metallic customer count includes end-users transacted by a Managed Service Provider (MSP). *Enterprise is defined as organizations with 1,000+ employees. Expense discipline to drive >20% Non-GAAP EBIT margin over time as Metallic scales ...
Commvault(CVLT) - 2024 Q1 - Earnings Call Transcript
2023-08-01 15:59
Commvault Systems, Inc. (NASDAQ:CVLT) Q1 2024 Results Conference Call August 1, 2023 8:30 AM ET Company Participants Mike Melnyk - Head, IR Sanjay Mirchandani - CEO Gary Merrill - CFO Conference Call Participants Aaron Rakers - Wells Fargo Eric Martinuzzi - Lake Street Capital Markets Howard Ma - Guggenheim Partners Jim Fish - Piper Sandler Jason Ader - WB Operator Good day, and thank you for standing by. Welcome to the Commvault Fiscal 2024 Earnings Conference Call. [Operator Instructions] Please be advise ...