Commvault Systems, Inc. rose 18.99% intraday, driven by strong Q1 financial results. The company reported a record total revenue of $282 million, up 26% year-over-year, and exceeded guidance across all top-line metrics. Annualized Recurring Revenue (ARR) grew to $996 million, up 24% year-over-year. The company's earnings of $1.01 per share surpassed Wall Street expectations of 97 cents per share.
Comments
No comments yet