Reports Q4 revenue $275M, consensus $262.38M. “It was a record-breaking year at Commvault (CVLT),” said Sanjay Mirchandani, President and CEO. “Commvault surpassed all key metrics, ended the year with over 12,000 subscription customers, and is firmly positioned as a growth company with subscription revenue up 45% in Q4. We continue to deliver cloud-first innovations that solve a hard problem for customers – strengthening their cyber resilience.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVLT:
- Commvault awarded GovRAMP Authorization for Commvault Cloud
- Commvault announces expanded partnership with CrowdStrike
- CVLT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Commvault price target lowered to $180 from $200 at Oppenheimer
- Commvault price target lowered to $185 from $195 at KeyBanc