Brief: Commvault Systems Sees Q3 Total Revenues Are Expected To Be Between $206 Million And $210 Million

Commvault Systems

31/10/2023 11:50

Oct 31 (Reuters) - Commvault Systems Inc  CVLT.O :
    * SEES Q3 TOTAL REVENUES ARE EXPECTED TO BE BETWEEN $206
MILLION
AND $210 MILLION
    * SEES Q3 SUBSCRIPTION REVENUE IS EXPECTED TO BE BETWEEN
$106
MILLION AND $110 MILLION
    * SEES FY TOTAL REVENUES ARE EXPECTED TO BE BETWEEN $812
MILLION
AND $822 MILLION
    * SEES FY TOTAL ARR(1) IS EXPECTED TO GROW 14% YEAR OVER
YEAR
    * SEES FY SUBSCRIPTION REVENUE IS EXPECTED TO BE BETWEEN
$408
MILLION AND $418 MILLION
    * SEES FY NON-GAAP OPERATING MARGIN(2) IS EXPECTED TO GROW
BETWEEN
50 TO 100 BASIS POINTS YEAR OVER YEAR
    * SEES Q3 NON-GAAP OPERATING MARGIN EXPECTED TO BE
APPROXIMATELY
21%
    * FY2024 REVENUE VIEW $813.7 MILLION -- LSEG IBES DATA
    * Q3 REVENUE VIEW $205.4 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nPn9b3p9sa 
Further company coverage:  CVLT.O