Commvault reports Q2 non-GAAP EPS 70c, consensus 64c

Reports Q2 revenue $201.0M, consensus $195.16M. Total ARR grew to $711M, up 18% year over year. “Our Q2 total revenue growth accelerated, driven by our hyper-growth SaaS platform, and we delivered robust operating margin leverage,” said CEO Sanjay Mirchandani. “Next week, at Commvault SHIFT, we’ll unveil our cyber resilience platform, combining our leading data protection capabilities with comprehensive new security and AI-powered innovations that are critical for customers in an era of escalating cyber-attacks.”