CommVault Systems Q1 Adj EPS $0.72 Beats $0.65 Estimate, Sales $198.15M Beat $197.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
CommVault Systems reported Q1 adjusted earnings of $0.72 per share, beating the analyst consensus estimate of $0.65 by 10.77%. This is a 12.5% increase over earnings of $0.64 per share from the same period last year. The company also reported quarterly sales of $198.15 million, beating the analyst consensus estimate of $197.43 million by 0.36%. This is a 0.09% increase over sales of $197.98 million the same period last year.
August 01, 2023 | 12:04 pm
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CommVault Systems reported better than expected Q1 earnings and sales, which could positively impact its stock price in the short term.
CommVault Systems reported Q1 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
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IMPORTANCE 80
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