Commvault reports Q2 adjusted EPS 91c, consensus 94c

Reports Q2 revenue $276.19M, consensus $273.31M. “Commvault (CVLT) delivered a strong quarter fueled by solid ARR and SaaS growth that accelerated a key milestone for the company – achieving $1 billion in total ARR – two quarters earlier than projected,” said Sanjay Mirchandani, President and CEO, Commvault. “As enterprises globally rely on Commvault to be resilient, our cloud-first, AI-enabled cyber resilience platform is more relevant than ever.”