CommVault Third-Quarter Earnings Appear On Track

Source: Investor's Business Daily

Author: Pete Barlas

CommVault Systems (CVLT) appears to be ready to retain a firm grip on the software storage market.

Analysts are expecting the company, which makes data management software applications and provides related services often used in cloud computing environments, to a least meet analyst expectations when it reports its fiscal third-quarter results early Wednesday.

Analysts polled by Thomson Reuters expect CommVault to report per-share profit minus one-time items of 25 cents for the quarter ended Dec. 31, up 14% from 22 cents in the year-ago period.

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