Commvault Systems Fiscal Q3 Non-GAAP Earnings, Revenue Increase; Fiscal Q4 Outlook Issued

MT Newswires Live
01-28

Commvault Systems (CVLT) reported fiscal Q3 non-GAAP earnings Tuesday of $0.94 per diluted share, up from $0.78 a year earlier.

Analysts polled by FactSet expected $0.87.

Total revenue for the quarter ended Dec. 31 was $262.6 million, up from $216.8 million a year earlier.

Analysts surveyed by FactSet expected $245.6 million.

For fiscal Q4, the software company expects revenue of $260 million to $264 million. Analysts polled by FactSet expect $251.3 million.

For fiscal 2025, the software company expects revenue of $980 million to $985 million. The company previously expected fiscal 2025 revenue of $952 million to $957 million. Analysts polled by FactSet expect $954.8 million.

Shares of the company were up more than 5% in Tuesday's premarket activity.

Price: 167.00, Change: +8.70, Percent Change: +5.50

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