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Commvault sees FY24 revenue $805M-$815M, consensus $792.37M

Sees FY24 ARR growth of 13%, driven by subscription ARR, which is expected to grow 27%. Sees FY24 subscription revenue $420M-$430M. Sees FY24 gross margin 82%-83%. Sees FY24 free cash flow $170M. Says board authorized new $250M share repurchase program.

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