Trade Commvault Systems, Inc. - CVLT CFD

About CommVault Systems, Inc.

Commvault Systems, Inc. (Commvault) is a provider of data protection and information management software applications and products. The Company develops, markets and sells a suite of software applications and services that provides its customers with data protection solutions. It also provides its customers with a range of professional and customer support services. It offers a portfolio of intelligent data management solutions that enables organizations to securely manage their data. These offerings are organized into three categories: Data Protection, Data Insights and Storage. The Commvault Backup and Recovery solution provides backup, verifiable recovery and cloud workload mobility, helping to ensure data availability, even across multiple clouds. The Commvault Activate is an integrated family of solutions for actionable insights, combining Commvault Data Governance, Commvault File Storage Optimization, and Commvault eDiscovery and Compliance.

Financial summary

BRIEF: For the nine months ended 31 December 2021, CommVault Systems, Inc. revenues increased 6% to $563.6M. Net income totaled $25.6M vs. loss of $37.2M. Revenues reflect Americas segment increase of 8% to $334.1M, EMEA segment increase of 7% to $168.4M. Net Income reflects Impairment of intangible assets decrease from $40.7M (expense) to $0K, Restructuring decrease of 89% to $2.1M (expense).

Equity composition

Common stock $.01 Par, 07/11, 250M auth., 43,593,955 issd. Insiders control approx. 6.55%. PO: 9/06, 11.1M shares @ $14.50 per share by Credit Suisse, Goldman, Sachs & Co.