Commvault Systems, Inc. (CVLT) CEO Sanjay Mirchandani on Q1 2022 Results - Earnings Call Transcript

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Q1: 2021-07-27 Earnings Summary

EPS of $0.62 beats by $0.10
 | Revenue of $183.42M (6.02% Y/Y) beats by $1.71M

Commvault Systems, Inc. (NASDAQ:CVLT) Q1 2022 Results Conference Call July 27, 2021 8:30 AM ET

Company Participants

Mike Melnyk - Director-Investor Relations
Sanjay Mirchandani - President and Chief Executive Officer
Brian Carolan - Chief Financial Officer

Conference Call Participants

Aaron Rakers - Wells Fargo
James Fish - Piper Sandler
Jack Andrews – Needham
Eric Martinuzzi - Lake Street
Steven Enders - KeyBanc

Operator

Good day, and thank you for standing by. Welcome to the Commvault Q1 Fiscal '22 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Mike Melnyk, Director of Investor Relations. Please go ahead.

Mike Melnyk

Good morning, and thanks for dialing in today for our call to discuss our first quarter fiscal year '22 earnings results.

Before we begin, I'd like to remind everyone that the statements made during this call, including in the question-and-answer session at the end of the call, may include forward-looking statements, including statements regarding financial projections and future performance. All the statements that relate to our beliefs, plans, expectations or intentions regarding the future are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on our current expectations. Actual results may differ materially due to risk and uncertainties, such as competitive factors, difficulties and delays inherent with development, manufacturing, marketing and sale of software products and related services and general economic conditions. For a discussion of these and other risk and uncertainties affecting our business, please see the risk factors contained in our annual report on Form 10-K and our most recent quarterly report on Form 10-Q and in other SEC filings and in the cautionary statements

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