Loading...
•
Sep 30, 2021
Commvault Q2 2022 Earnings Report
Commvault's financial performance for the second quarter of fiscal year 2022 was announced, featuring growth in ARR and software revenue, but also highlighting delayed software opportunities.
Key Takeaways
Commvault announced its Q2 2022 financial results, with total revenue of $177.8 million, a 4% increase year-over-year. The company's annualized recurring revenue (ARR) grew by 12% year-over-year to $542.6 million. However, the company noted that it did not meet its expectations due to delayed software opportunities and supply chain issues.
Annualized recurring revenue (ARR) increased by 12% year-over-year.
Software and products revenue grew by 4% year-over-year.
GAAP income from operations was $2.3 million, compared to a loss of $42.0 million in the prior year.
The company repurchased approximately 1,159,000 shares of its common stock for $90.0 million.
Commvault
Commvault
Commvault Revenue by Segment
Commvault Revenue by Geographic Location
Revenue by Segment
Subscription Revenue
CapyFin.comPerpetual License Revenue
CapyFin.comCustomer Support Revenue
CapyFin.comOther Services Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income