Commvault Systems, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
July 27, 2021 at 07:47 am EDT
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Commvault Systems, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was USD 183.421 million compared to USD 173.000 million a year ago. Operating income was USD 15.494 million compared to USD 6.683 million a year ago. Net income was USD 13.897 million compared to USD 2.283 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.05 a year ago.
Commvault Systems, Inc. is a data management company. The Company provides a unified Data Management Platform that spans all the users' data regardless of where it lives (on-premises, hybrid, or multi-cloud) or how it is structured (legacy applications, databases, virtual machines (VMs), or containers). It offers solutions through all combinations of software subscriptions, integrated appliances, partner-managed, or Software as a Service (SaaS) via its Metallic portfolio. The Company's offerings are organized into four categories: Data Recovery, Data Compliance and Governance, Data Storage, and Data Security. Its Commvault Backup and Recovery (CBR) provides backup, verifiable recovery and cost-optimized cloud workload mobility, helping to ensure data availability, even across multiple clouds. Commvault Disaster Recovery (CDR) provides a replication and disaster recovery solution from a single extensible platform, which is managed through the Command Center.
COMMVAULT SYSTEMS, INC. 
