SPY319.34+7.98 2.56%
DIA271.54+8.21 3.12%
IXIC9,814.08+198.27 2.06%

Commvault Systems: Q4 Earnings Insights

Shares of Commvault Systems (NASDAQ:CVLT) remained unaffected at $45.33 after the company reported Q4 results. Quarterly Results Earnings per share decreased 41.18% over the past year to $0.30, which missed the estimate of $0.38.

Benzinga · 05/12/2020 21:37

Shares of Commvault Systems (NASDAQ:CVLT) remained unaffected at $45.33 after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 41.18% over the past year to $0.30, which missed the estimate of $0.38.

Revenue of $164,749,000 lower by 9.19% from the same period last year, which missed the estimate of $173,030,000.

Looking Ahead

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

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

Conference Call Details

Date: May 12, 2020

Time: 08:05 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/5pg5wyuu

Recent Stock Performance

Company's 52-week high was at $51.90

52-week low: $24.26

Price action over last quarter: Up 1.55%

Company Description

Commvault Systems Inc provides data and information management software applications and services. Its flagship Simpana Software is delivered on a unified platform with customizable licensed modules that provide backup and recovery, archive, replication, and analytic capabilities across physical, virtual, and cloud environments. 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. Most of the firm's revenue is generated in the United States, but the firm has a presence in many other countries.