Commvault reports Q3 non-GAAP EPS 78c, consensus 73c

Reports Q3 revenue $216.8M, consensus $208.06M. Total ARR grew to $75M, up 17% year over year. “This was one of the strongest quarters in our history with double digit ARR and revenue growth, and robust free cash flow generation,” said Sanjay Mirchandani, CEO. “As enterprises face non-stop cyberattacks and threats, the introduction of our new Commvault Cloud platform gives our customers groundbreaking strategies to stay resilient and also positions us for accelerated growth in fiscal year 2025.”