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Jun 30, 2021
Commvault Q1 2022 Earnings Report
Commvault's first quarter of fiscal year 2022 showed positive momentum, with revenue and ARR increasing year over year.
Key Takeaways
Commvault announced its financial results for the first quarter ended June 30, 2021. Total revenues for the first quarter of fiscal 2022 were $183.4 million, an increase of 6% year over year. Annualized recurring revenue (ARR) was $532.8 million as of June 30, 2021, up 13% from June 30, 2020.
Total revenues increased by 6% year over year, reaching $183.4 million.
Annualized recurring revenue (ARR) grew by 13% year over year, totaling $532.8 million.
Software and products revenue increased by 7% year over year, driven by portfolio deals.
Operating cash flow totaled $37.2 million for the first quarter of fiscal 2022.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Commvault is confident that their transformation has put them in position to thrive in a post-pandemic world and achieve the financial targets laid out in January.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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