Commvault Systems, Inc. (NASDAQ:CVLT) Q2 2025 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Michael Melnyk - Director, IR Sanjay Mirchandani - President, CEO & Director Jen DiRico - CFO Conference Call Participants Aaron Rakers - Wells Fargo Securities Rudy Kessinger - D.A. Davidson & Co. James Fish - Piper Sandler & Co. Jason Ader - William Blair. Howard Ma - Guggenheim Securities Operator Thank you for standing by. I would like to welcome everyone to the Commvault Q2 FY 2025 Ea ...

Commvault Systems (CVLT) reported $233.28 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 16.1%. EPS of $0.83 for the same period compares to $0.70 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $221.05 million, representing a surprise of +5.53%. The company delivered an EPS surprise of +10.67%, with the consensus EPS estimate being $0.75. While investors closely watch year-over-year changes in headline numbers -- revenue and e ...

Commvault Systems (CVLT) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.67%. A quarter ago, it was expected that this data-management software company would post earnings of $0.75 per share when it actually produced earnings of $0.85, delivering a surprise of 13.33%.Over the last ...

Investor Relations Contact: Michael J. Melnyk, CFA 732-870-4581 mmelnyk@commvault.com Commvault Announces Fiscal 2025 Second Quarter Financial Results Tinton Falls, N.J. – October 29, 2024 – Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal second quarter ended September 30, 2024. "Keeping customers resilient and their businesses continuous has never been more critical than it is today," said Sanjay Mirchandani, President and CEO. "Our strong execution and increasing demand for o ...

TINTON FALLS, N.J., Oct. 29, 2024 /PRNewswire/ -- Commvault (Nasdaq: CVLT) today announced its financial results for the fiscal second quarter ended September 30, 2024. "Keeping customers resilient and their businesses continuous has never been more critical than it is today," said Sanjay Mirchandani, President and CEO. "Our strong execution and increasing demand for our innovative Commvault Cloud platform has not only resulted in our fourth consecutive quarter of double-digit revenue growth, but it has giv ...

Commvault Systems (CVLT) closed at $133.11 in the latest trading session, marking a +0.64% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. Elsewhere, the Dow lost 0.33%, while the tech-heavy Nasdaq added 0.76%.Prior to today's trading, shares of the data-management software company had lost 12.87% over the past month. This has lagged the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47% in that time.The investment community will b ...

Analysts on Wall Street project that Commvault Systems (CVLT) will announce quarterly earnings of $0.75 per share in its forthcoming report, representing an increase of 7.1% year over year. Revenues are projected to reach $221.05 million, increasing 10% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 5.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during ...

Commvault Systems (CVLT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on O ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Commvault Systems (CVLT) . This company, which is in the Zacks Computer - Software industry, shows potential for another earnings beat. This data-management software company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters ...

Commvault (CVLT) is riding on an innovative portfolio and an expanding partner base. It recently expanded its portfolio with the announcement of the general availability of Cloud Rewind on the Commvault Cloud platform. A rich partner base that includes cloud services from Amazon (AMZN) , Alphabet (GOOGL) and Microsoft is a key catalyst. It recently announced a collaboration with Pure Storage (PSTG) . Cloud Rewind offers cloud-native distributed application recovery and rebuilds capabilities that CVLT acquir ...