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 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 ...

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 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 ...

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 ...

$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 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 ...

In the three months ended June 30, 2023, we granted 120 performance restricted stock units ("PSUs") to certain executives. Vesting of these awards is contingent upon i) us meeting certain non-GAAP performance goals (performancebased) in fiscal 2024 and ii) our customary service periods. The awards vest over three years and have the potential to vest between 0% and 200% (240 shares) based on actual fiscal 2024 performance. The vesting quantity of these awards may vary based on actual fiscal 2024 performance. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ 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) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No ...

• Continue to prioritize share repurchases as primary use of FCF Copyright © 2023 Commvault | All Rights Reserved 22 Other Services Primarily related to professional service offerings including consultation, assessment and design, installation services, and customer education. Revenues related to other services are typically recognized as the services are performed. ARR is the annualized recurring value of all active revenue contracts at the end of a reporting period. It includes the following contract type ...