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Commvault Systems (CVLT)
:CVLT
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.92Last Year’s EPS
0.79Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 28, 2025
|% Change Since: 16.79%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, record revenue growth, and a successful expansion of the customer base and partnerships. However, there were some challenges related to foreign exchange headwinds and dilution from recent acquisitions. Overall, the positive aspects of the company's growth and strategic positioning outweigh the challenges faced.Company Guidance
During Commvault's Q3 fiscal year 2025 earnings call, the company reported impressive financial results and provided guidance for the upcoming periods. Total revenue for Q3 increased by 21% year-over-year to $263 million, driven by a 39% increase in subscription revenue, reaching $158 million. Total Annual Recurring Revenue (ARR) grew 18% to $890 million, with a constant currency growth of 21% to $911 million, and SaaS ARR rose by 75%. The company achieved non-GAAP EBIT margins of 20.8% and expects Q4 subscription revenue to be between $160 million and $164 million, projecting total revenue growth of 18% at the midpoint. For the full fiscal year 2025, Commvault anticipates total ARR growth of 19% to 20%, with subscription ARR expected to rise by 28% to 30%. The company maintains a robust outlook, emphasizing its strategic positioning in the cyber resilience market and its product innovations.Record-Breaking Revenue and Growth
Total revenue increased 21% to $263 million. Subscription revenue grew 39% to $158 million. Total ARR improved 21% in constant currency. SaaS ARR jumped 75% in constant currency.
Expansion and Adoption of New Offerings
ARR associated with the Cloud Rewind offering more than doubled since the Appranix acquisition. The company also announced new capabilities for Google Workspace and partnerships with AWS and Microsoft Azure.
Increase in Customer Base and Transactions
Added over 1,000 new subscription customers, surpassing 11,000 customers worldwide, including over 7,000 SaaS customers. Notable large enterprise wins include Equinix, AXA, and Vanderbilt University Medical Center.
Strong Go-to-Market and Partner Ecosystem
Record inflows and pipeline growth. Increased transaction volumes and strong close rates. Contributions from alliance partners like Hitachi, HPE, and Dell.
Improved Financial Outlook
Raised guidance for FY25 with total revenue growth expected to be in the range of 17% at the midpoint. Non-GAAP EBIT margins expected to remain in the range of 20% to 21%.
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CVLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CVLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 28, 2025 | $158.30 | $160.05 | +1.11% |
| Oct 29, 2024 | $136.97 | $169.79 | +23.96% |
| Jul 30, 2024 | $123.20 | $151.35 | +22.85% |
| Apr 30, 2024 | $99.43 | $102.47 | +3.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Commvault Systems (CVLT) report earnings?
Commvault Systems (CVLT) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Commvault Systems (CVLT) earnings time?
Commvault Systems (CVLT) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CVLT EPS forecast?
CVLT EPS forecast for the fiscal quarter 2025 (Q4) is 0.92.
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