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Commvault Shares Drop 15% Despite Higher Revenue In Q2
RTTNewsยท 2025-10-28 18:47
Commvault Systems, Inc. (CVLT) fell 14.72 percent to $148.51, down $25.64 during Tuesday trading, after reporting mixed second quarter results. The data protection and cloud backup company posted net income of $14.7 million, or $0.33 per share, compared with $15.6 million, or $0.35 per share, a year earlier. Commvault traded between $140.28 and $167.43 after opening at $160.59, compared with a previous close of $174.15 on the Nasdaq. Volume spiked to 1.79 million shares, nearly triple its average of 0.65 m ...