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Recap: CommVault Systems Q3 Earnings

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Shares of CommVault Systems (NASDAQ:CVLT) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share were up 21.28% year over year to $0.57, which beat the estimate of $0.47.

Revenue of $187,992,000 up by 6.60% year over year, which beat the estimate of $175,540,000.

Outlook

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

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

Details Of The Call

Date: Jan 27, 2021

View more earnings on CVLT

Time: 11:00 AM

ET Webcast URL: https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=2B8E7C53-4986-4105-8B5A-0E6127724B16

Recent Stock Performance

52-week high: $60.85

52-week low: $24.26

Price action over last quarter: Up 51.58%

Company Overview

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. Its software solutions include Commvault Complete Backup & Recovery, HyperScale, Hedvig, Orchestrate, Activate, and Metallic. The company operates in the United States and exports to many other countries.

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