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Storage software vendor CommVault (NASDAQ:CVLT) is up 10.5% after reporting FQ1 revenue and...

Aug. 02, 2011 11:00 AM ETCommvault Systems, Inc. (CVLT) StockGEN, CVLTBy: Eric Jhonsa, SA News Editor

Storage software vendor CommVault (NASDAQ:CVLT) is up 10.5% after reporting FQ1 revenue and non-GAAP EPS of $91.5M (+38% Y/Y) and $0.21, trouncing a consensus of $83.6M and $0.17. With software license revenue up 55% Y/Y, the company appears to be gaining share against rival Symantec (NASDAQ:SYMC) in high-end, enterprise accounts. (PR) (previously)

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