Commvault reported a 16% year-over-year increase in subscription revenue to a record $267 million for Q1 fiscal 2027, driven by a 39% rise in SaaS revenue. Annualized recurring revenue (ARR) grew 22% to $1.054 billion, reflecting strong customer adoption of its AI-enabled data protection platform. Free cash flow surged 71% to $51 million, highlighting improved profitability and cash generation. The company also announced a strategic partnership with Microsoft and expects continued growth with subscription revenue guidance of $1.119-$1.129 billion for the full fiscal year 2027.
Commvault Systems reported strong Q1 2026 results, surpassing earnings per share and revenue estimates with EPS of $1.42 and revenue of $314.13 million. Subscription-based services drove growth, with subscription ARR up 22% to $1.05 billion and SaaS ...
Bernstein Liebhard LLP is investigating whether directors and officers of Commvault Systems, Inc. breached their fiduciary duties to shareholders. The investigation aims to determine if the company's leadership acted in shareholders' best interests a...
Bernstein Liebhard LLP is investigating whether certain directors and officers of Commvault Systems, Inc. breached their fiduciary duties to shareholders. The investigation aims to determine if the company's leadership acted in shareholders' best int...
