Commvault Systems up as annual revenue forecast above estimates
ReutersApr 29, 2025 2:13 PM
Shares of cybersecurity company Commvault Systems CVLT.O up 0.7% at $167.10 in morning trading
CVLT expects fiscal 2026 revenue to be between $1.13 bln and $1.14 bln, compared with analysts' average estimate of $1.10 bln, according to LSEG-compiled data
Company says Q4 revenue rises 23% to $275 mln vs. estimates of $262.4 mln
Co ended the year with more than 12,000 subscription customers - CEO Sanjay Mirchandani
As of last close, stock up ~10% this year
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