Market Overview

CommVault Systems: Q2 Earnings Insights

Share:

Shares of CommVault Systems (NASDAQ:CVLT) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share rose 7.14% year over year to $0.45, which beat the estimate of $0.35.

Revenue of $171,139,000 up by 2.12% year over year, which beat the estimate of $164,650,000.

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: Oct 27, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ejwf3ne2

Recent Stock Performance

Company's 52-week high was at $51.90

52-week low: $24.26

Price action over last quarter: down 5.64%

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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Posted-In: Earnings News