Live and virtual launch kicks off 40-city global SHIFT Roadshow TINTON FALLS, N.J., Aug. 15, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced SHIFT 2024. This annual in-person and virtual event, combined with a 40-city roadshow, are the industry's must-attend forums for CISOs, CIOs, data security, cloud, and data protection enthusiasts who want to learn about the latest developments, innovations, and partnerships in cy ...

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GigaOm names Commvault a hybrid cloud "Leader" and "Forward Mover," praising the Commvault Cloud platform, including Appranix rebuild and Cleanroom Recovery capabilities TINTON FALLS, N.J., Aug. 8, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today announced that it has been named a "Leader" and "Forward Mover" in the 2024 GigaOm Sonar Report for Cloud-Native Data Protection. Out of 13 vendors, Commvault achieved the hig ...

Positioned by Gartner as a Leader in its most recent report based on Completeness of Vision and Ability to Execute TINTON FALLS, N.J., Aug. 7, 2024 /PRNewswire/ -- Commvault, a provider of cyber resilience and data protection solutions for the hybrid cloud, today announced that the company has been positioned by Gartner as a Leader in the 2024 Magic Quadrant for Enterprise Backup and Recovery Software Solutions1. Commvault's evaluation was based on specific criteria that analyzed the company's overall Compl ...

Major security ecosystem expansion with Acante, Dasera, Google Cloud, Splunk, and Wiz Commvault to discuss security integrations and cyber resilience innovations at Black Hat Conference TINTON FALLS, N.J., Aug. 5, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced an expansion of its cyber and data security ecosystem through strategic integrations with an array of security partners: Acante, Dasera, Google Cloud, Splunk, ...

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: June 30, 2024 ☐ 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.S. Em ...

Commvault Systems, Inc. (NASDAQ:CVLT) Q1 2025 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Michael Melnyk - Director, IR Sanjay Mirchandani - President, CEO & Director Gary Merrill - CFO Danielle Sheer - Chief Trust Officer Conference Call Participants Aaron Rakers - Wells Fargo Securities Howard Ma - Guggenheim Securities James Fish - Piper Sandler & Co. Rudy Kessinger - D.A. Davidson & Co. Operator Thank you for standing by. My name is Kath and I will be your conference operator ...

This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this datamanagement software company would post earnings of $0.73 per share when it actually produced earnings of $0.79, delivering a surprise of 8.22%. Commvault shares have added about 54.3% since the beginning of the year versus the S&P 500's gain of 14.5%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not o ...

3. Commvault does not provide forward-looking guidance on a GAAP basis as certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. See "Use of Non-GAAP Financial Measures" for additional explanation. 7 Commvault Systems, Inc. | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|---------------------------|----------|---------| | | | Three Months Ended \n2024 | June 30, ...

10. The provision for income taxes is adjusted to reflect Commvault's estimated non-GAAP effective tax rate of 24% for fiscal 2025, and 27% for fiscal 2024. Beginning in fiscal 2025, Commvault lowered its estimated non-GAAP effective tax rate from 27% to 24%. Commvault believes that a 24% rate more closely aligns with its effective tax rate expectations over the next few years. SOURCE COMMVAULT Commvault considers non-GAAP net income and non-GAAP diluted EPS useful metrics for Commvault management and its i ...