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Jun 30, 2022
Commvault Q1 2023 Earnings Report
Commvault's Q1 2023 financial results were announced, featuring double-digit constant currency revenue growth.
Key Takeaways
Commvault announced its Q1 2023 financial results, with total revenue of $198.0 million, an 8% increase year-over-year, and software and products revenue of $92.4 million, a 13% increase year-over-year. The company's annualized recurring revenue (ARR) reached $594.5 million, up 12% year-over-year.
Total revenues for the first quarter of fiscal 2023 were $198.0 million, an increase of 8% year over year.
Software and products revenue was $92.4 million, an increase of 13% year over year.
Annualized recurring revenue (ARR) was $594.5 million as of June 30, 2022, up 12% from June 30, 2021.
Total recurring revenue was $170.8 million, an increase of 20% year over year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Commvault will host a conference call today, July 26, 2022 at 8:30 a.m. Eastern Time to discuss quarterly results. The live webcast and call dial-in numbers can be accessed by registering under the "Events" section of Commvault's website. An archived webcast of this conference call will also be available following the call.
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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