Commvault Systems shares are trading lower after the company reported Q1 financial results and issued guidance for Q2 and FY24.
Portfolio Pulse from Benzinga Newsdesk
Commvault Systems reported its Q1 financial results and issued guidance for Q2 and FY24, which led to a decrease in its share price.
August 04, 2023 | 9:32 am
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Commvault Systems' shares are trading lower after the company reported Q1 financial results and issued guidance for Q2 and FY24.
The company's shares are trading lower, which indicates that the market did not react positively to the Q1 financial results and the guidance for Q2 and FY24. This could be due to lower than expected results or a disappointing outlook for the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100