Market Overview

CommVault Systems: Q1 Earnings Insights

Share:

Shares of CommVault Systems (NASDAQ:CVLT) rose 5% after the company reported Q1 results.

Quarterly Results

Earnings per share rose 88.89% year over year to $0.51, which beat the estimate of $0.16.

Revenue of $173,000,000 rose by 6.66% year over year, which beat the estimate of $152,870,000.

Looking Ahead

CommVault Systems hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/qocxfj97

Price Action

Company's 52-week high was at $51.90

Company's 52-week low was at $24.26

Price action over last quarter: Up 10.69%

Company Description

CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. It's software solutions include Commvault Complete Backup & Recovery, Metallic, HyperScale, Hedvig, Orchestrate, and Activate. The company operates in the United States and also exports to many other countries.

 

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