$136.400
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Commvault Shares Drop 17.8% to $122.87
Commvault is down -17.8%, or -$26.59 to $122.87.
Sees Q2 EBIT Margin at 20%
Sees Q2 EBIT margin 20%. Says delivered results ahead of expectations on both the top and bottom line. Comments and guidance taken from Q1 earnings conference call.
Raises FY27 EBIT Margin View to 21%
Raises FY27 EBIT margin view to 21% from 20.5%. Sees FY27 free cash flow $250M-$260M.
Q2 Total Revenue Consensus at $308.85M
Q2 total revenue consensus $308.85M.
Commvault Q1 Revenue of $314.13M Beats Expectations
Reports Q1 revenue $314.13M, consensus $310.44M. "Our results reflect what we're hearing from customers every day - they are embracing our AI-enabled platform to protect data, govern access, and make clean, trusted recoveries," said Sanjay Mirchandani, CEO. "With strong growth and record profitability, Commvault is well positioned to continue taking share in an AI-first world."
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