Commvault Announces Fiscal 2018 Third Quarter Financial Results

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Commvault Systems (CVLT) Misses Q3 EPS by 1c

January 24, 2018 7:43 AM EST

Commvault Systems (NASDAQ: CVLT) reported Q3 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $180.4 million versus the consensus estimate of $182.01 million.

N. Robert Hammer, Commvault's Chairman, President and CEO stated, "We achieved record quarterly revenue of $180.4 million highlighted by sequential software and products revenue growth of 13% driven by an... More