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Stock impact report

Commvault Announces Fiscal 2024 Fourth Quarter Financial Results [Yahoo! Finance]

Commvault Systems, Inc. (CVLT) 
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Company Research Source: Yahoo! Finance
"We had an outstanding quarter and a breakout year, highlighted by 10% total revenue growth and 15% total ARR growth in the fourth quarter," said Sanjay Mirchandani , President and CEO. "Our Commvault Cloud platform is resonating with customers, who entrust us with their data and resilience in this era of unrelenting cyber threats." Notes are contained on the last page of this Press Release Fiscal 2024 Fourth Quarter Highlights Total revenues were $223.3 million , up 10% year over year Subscription revenue was $119.9 million , up 27% year over year Income from operations (EBIT) was $18.2 million , an operating margin of 8.1% Non-GAAP EBIT was $45.2 million , an operating margin of 20.2% Operating cash flow was $80.0 million , with free cash flow of $79.1 million Fourth quarter share repurchases were $50.4 million , or approximately 547,000 shares of common stock Fiscal 2024 Full Year Highlights Total revenues were $839.2 million , up 7% year over year Total ARR Show less Read more
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