Overview
- Revenue rose to $313.8 million versus about $299 million expected, with adjusted earnings of $1.17 per share topping the $0.98 consensus.
- Sales grew roughly 19% year over year and adjusted EPS increased about 24%, while total ARR reached $1.085 billion, up 22%.
- Management guided next‑quarter revenue to $305 million–$308 million and full‑year sales to $1.18 billion, with subscription revenue of $203 million–$207 million and a non‑GAAP EBIT margin near 19%.
- The stock fell as much as 34.7% intraday and closed down 31.1% at $89.13, then edged up 0.15% to $89.26 in after‑hours trading.
- Commvault also announced an expanded collaboration with Google Cloud focused on data protection and cyberresilience capabilities.