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Commvault Systems Inc (CVLT.OQ)

CVLT.OQ on NASDAQ Stock Exchange Global Select Market

69.70USD
13 Jul 2018
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Latest Key Developments (Source: Significant Developments)

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

Commvault systems announces fiscal 2017 second quarter financial results
Tuesday, 25 Oct 2016 

Commvault Systems Inc : Commvault announces fiscal 2017 second quarter financial results . Q2 non-GAAP earnings per share $0.25 . Q2 GAAP loss per share $0.01 . Q2 revenue $159.3 million versus I/B/E/S view $152.9 million .Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.  Full Article

Commvault announces fiscal 2017 Q1 financial results
Tuesday, 26 Jul 2016 

Commvault Systems Inc : Q1 non-gaap earnings per share $0.21 . Q1 gaap loss per share $0.05 . Q1 revenue $152.4 million versus I/B/E/S view $149.1 million . Q1 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Says will continue to measure itself to a non-gaap tax rate of 37 percent in fiscal 2017 .Estimated cash taxes to be paid for both fiscal 2016 and 2017 are expected to be less than $5 million.  Full Article