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CommVault Systems Non-GAAP EPS of $0.62 misses by $0.04, revenue of $195.1M misses by $4.42M

Jan. 31, 2023 7:51 AM ETCommvault Systems, Inc. (CVLT)By: Meghavi Singh, SA News Editor
  • CommVault Systems press release (NASDAQ:CVLT): Q3 Non-GAAP EPS of $0.62 misses by $0.04.
  • Revenue of $195.1M (-3.6% Y/Y) misses by $4.42M.Non-GAAP EBIT was $38.5M in the quarter compared to $43.1M in the prior year.
  • Operating cash flow increased 13% to $30.2M for the third quarter of fiscal 2023 compared to $26.8M of operating cash flow in the prior year quarter. 
  • Total cash was $273.5M as of December 31, 2022 compared to $267.5M as of March 31, 2022.

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