Investing.com - CommVault reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CommVault announced earnings per share of $0.57 on revenue of $188.1M. Analysts polled by Investing.com anticipated EPS of $0.50 on revenue of $186.56M.
CommVault shares are down 31% from the beginning of the year, still down 14.09% from its 52 week high of $70.88 set on December 29, 2021.
CommVault follows other major Information Technology sector earnings this month
CommVault's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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