Commvault Announces Fiscal 2018 Fourth Quarter Financial Results and Unveils Strategic Transformation Initiative

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Commvault Systems (CVLT) Announces New Governance Initiatives to Support Strategic Transformation Plan

May 1, 2018 8:16 AM EDT

Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced governance initiatives designed to support its new strategic transformation plan, Commvault Advance. This new strategic plan and the governance initiatives announced today follow constructive dialogue with Elliott Management and an associated cooperation agreement between Elliott and the company.

Commvault Advance is a multi-pronged transformation initiative designed to drive... More

Commvault Systems (CVLT) Misses Q4 EPS by 2c

May 1, 2018 7:41 AM EDT

Commvault Systems (NASDAQ: CVLT) reported Q4 EPS of $0.31, $0.02 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $184.9 million versus the consensus estimate of $187.07 million.

Unveils Commvault Advance, a multi-pronged effort, in progress over the past year, to drive sustained business... More