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Stock impact report

Commvault Announces Fiscal 2024 Third 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
"This was one of the strongest quarters in our history with double digit ARR and revenue growth, and robust free cash flow generation," said Sanjay Mirchandani , President and CEO. "As enterprises face non-stop cyberattacks and threats, the introduction of our new Commvault Cloud platform gives our customers groundbreaking strategies to stay resilient and also positions us for accelerated growth in fiscal year 2025." Notes are contained on the last page of this Press Release Fiscal 2024 Third Quarter Highlights Total revenues were $216.8 million , up 11% year over year Total ARR grew to $752 million , up 17% year over year Subscription revenue was $114.2 million , up 31% year over year Subscription ARR grew to $571 million , up 29% year over year Income from operations (EBIT) was $21.1 million , an operating margin of 9.7% Non-GAAP EBIT was $46.7 million , an operating margin of 21.5% Operating cash flow was $44.4 million , with free cash flow of $42.6 million Thi Show less Read more
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