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Commvault Systems Inc (CVLT.OQ)

CVLT.OQ on NASDAQ Stock Exchange Global Select Market

57.04USD
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Commvault Posts Q1 Adj. Earnings Per Share $0.36
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Commvault Systems Inc ::COMMVAULT ANNOUNCES FISCAL 2019 FIRST QUARTER FINANCIAL RESULTS.Q1 GAAP LOSS PER SHARE $0.19.Q1 REVENUE $176.2 MILLION VERSUS I/B/E/S VIEW $177.9 MILLION.Q1 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.Q1 NON-GAAP EARNINGS PER SHARE $0.36.CASH TAXES FOR FISCAL 2019 ARE EXPECTED TO BE $10 MILLION AND RELATE PRIMARILY TO COMMVAULT'S INTERNATIONAL OPERATIONS.OVER TIME, COMMVAULT BELIEVES ITS GAAP AND CASH TAX RATES WILL ALIGN.  Full Article

Commvault Announces New Governance Initiatives To Support Strategic Transformation Plan
Tuesday, 1 May 2018 

May 1 (Reuters) - Commvault Systems Inc ::COMMVAULT ANNOUNCES NEW GOVERNANCE INITIATIVES TO SUPPORT STRATEGIC TRANSFORMATION PLAN.COMMVAULT SYSTEMS INC - BOARD TO FORM CEO SEARCH COMMITTEE, RETAIN LEADING EXECUTIVE SEARCH FIRM TO ASSIST IN LEADERSHIP SUCCESSION.COMMVAULT SYSTEMS INC - TWO NEW INDEPENDENT DIRECTORS TO JOIN BOARD.COMMVAULT SYSTEMS INC - N. ROBERT HAMMER ANTICIPATED TO REMAIN AS CHAIRMAN AFTER SUCCESSOR APPOINTED.COMMVAULT SYSTEMS - HAMMER WILL CONTINUE TO LEAD COMMVAULT AS CHAIRMAN, CEO AND PRESIDENT UNTIL HIS SUCCESSOR IS APPOINTED.COMMVAULT - STRATEGIC PLAN, GOVERNANCE INITIATIVES FOLLOW "CONSTRUCTIVE DIALOGUE" WITH ELLIOTT MANAGEMENT, COOPERATION AGREEMENT BETWEEN ELLIOTT & CO.COMMVAULT SYSTEMS INC - 2 NEW DIRECTORS TO BE IDENTIFIED BY ELLIOTT, SUBJECT TO APPROVAL OF BOARD.COMMVAULT - ELLIOTT AGREED TO SOME CUSTOMARY STANDSTILL PROVISIONS, INCLUDING WITHDRAWING PROPOSED DIRECTOR CANDIDATES FOR ELECTION AT 2018 MEETING.  Full Article

Commvault Systems Reports Q4 Adj. Earnings Per Share Of $0.31
Tuesday, 1 May 2018 

May 1 (Reuters) - Commvault Systems Inc ::COMMVAULT ANNOUNCES FISCAL 2018 FOURTH QUARTER FINANCIAL RESULTS AND UNVEILS STRATEGIC TRANSFORMATION INITIATIVE.Q4 NON-GAAP EARNINGS PER SHARE $0.31.Q4 REVENUE $184.9 MILLION VERSUS I/B/E/S VIEW $187.1 MILLION.Q4 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.QTRLY DILUTED LOSS PER SHARE $0.04.SAYS IS IMPLEMENTING A SERIES OF NEW TRANSFORMATIONAL MOVES WHICH INCLUDES A WORLDWIDE COST-REDUCTION EFFORT.COST-REDUCTION EFFORT WILL INCLUDE THIRD PARTY EXPENSES, T&E AND TARGETED HEADCOUNT REDUCTIONS OF ABOUT 4% OF WORKFORCE.  Full Article

Commvault Posts Q3 Adj. Earnings Per Share $0.30
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Commvault Systems Inc ::COMMVAULT ANNOUNCES FISCAL 2018 THIRD QUARTER FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.30.Q3 GAAP LOSS PER SHARE $1.30.Q3 REVENUE $180.4 MILLION VERSUS I/B/E/S VIEW $182 MILLION.Q3 EARNINGS PER SHARE VIEW $0.31 -- THOMSON REUTERS I/B/E/S.IN QUARTER, RECORDED ABOUT $59 MILLION OF NON-CASH INCOME TAX CHARGES.COMMVAULT - ‍ESTIMATED CASH TAXES FOR FISCAL 2018, 2019 EXPECTED TO BE IN $6 MILLION TO $7 MILLION RANGE/YEAR AND RELATED PRIMARILY TO CO'S INTERNATIONAL OPERATIONS​.COMMVAULT - INCOME TAX CHARGES IN QUARTER RELATED TO IMPACT OF LOWER U.S. CORPORATE TAX RATE ON DTA.COMMVAULT - INCOME TAX CHARGES IN QUARTER ALSO RELATED TO IMPACT OF RECORDING VALUATION ALLOWANCE AGAINST REMAINING DTA VALUE.  Full Article

Commvault Systems Q2 GAAP loss per share $0.02
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Commvault Systems Inc :Commvault announces fiscal 2018 second quarter financial results.Q2 GAAP loss per share $0.02.Q2 revenue $168.1 million versus I/B/E/S view $170.1 million.Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Q2 non-GAAP earnings per share $0.21.  Full Article