Commvault Systems, Inc. (NASDAQ:CVLT) is expected to report first quarter earnings results, before market open, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.16 per share from revenue of $ 152.87 million.
Looking ahead, the full year income are expected at $ 1.16 per share on the revenues of $ 654.36 million.
The Company Outlook
Revenue for 1Q21 are expected in a range of $ 150.00 million ~ $ 155.00 million
Click Here For More Historical Outlooks Of Commvault Systems, Inc.
Previous Quarter Performance
Commvault Systems, Inc. communicated income for the fourth quarter of $ 0.30 per share, from the revenue of $ 164.75 million. The quarterly earnings reduced 41.18 percent while revenues fell 9.19 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.38 per share from $ 173.03 million in revenue. The bottom line results missed street analysts by $ 0.08 or 21.05 percent, at the same time, top line results fell short of analysts by $ 8.28 million or 4.79 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CVLT was $ 39.20, representing a 61.58 % increase from the 52 week low of $ 24.26 and a 24.47 % decrease over the 52 week high of $ 51.90.
The company has a market capital of $ 1.81 billion and is part of the Technology sector and Software – Application industry.
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Conference Call
Commvault Systems, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th July 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.commvault.com
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia, and China. It offers Commvault Complete Backup & Recovery, a backup and recovery solution for enterprises; and Commvault HyperScale Technology, an add-on for Commvault Complete that delivers an on-premises, cloud-like infrastructure to support scale-out secondary storage.
