CVLT - CommVault Systems Non-GAAP EPS of $0.73 beats by $0.11 revenue of $203.5M beats by $6.5M
2023-05-02 07:47:11 ET
- CommVault Systems press release ( NASDAQ: CVLT ): Q4 Non-GAAP EPS of $0.73 beats by $0.11 .
- Revenue of $203.5M (-1.2% Y/Y) beats by $6.5M .
- Total recurring revenue was $173.9 million, flat year over year. On a year over year constant currency basis, total recurring revenue growth would have been 3%. Recurring revenue represented 85% of total revenue.
- Annualized recurring revenue, which is the annualized value of all active Commvault recurring revenue streams at the end of the reporting period, was $668.4 million as of March 31, 2023, up 15% year over year. On a year over year constant currency basis, ARR growth would have been 17%, driven by continued strength in Metallic as-a-service offerings.
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CommVault Systems Non-GAAP EPS of $0.73 beats by $0.11, revenue of $203.5M beats by $6.5M