May 1, 2018 / 11:46 AM / 3 months ago

BRIEF-Commvault Systems Reports Q4 Adj. Earnings Per Share Of $0.31

May 1 (Reuters) - Commvault Systems Inc:

* COMMVAULT ANNOUNCES FISCAL 2018 FOURTH QUARTER FINANCIAL RESULTS AND UNVEILS STRATEGIC TRANSFORMATION INITIATIVE

* Q4 NON-GAAP EARNINGS PER SHARE $0.31

* Q4 REVENUE $184.9 MILLION VERSUS I/B/E/S VIEW $187.1 MILLION

* Q4 EARNINGS PER SHARE VIEW $0.33 — THOMSON REUTERS I/B/E/S

* QTRLY DILUTED LOSS PER SHARE $0.04

* SAYS IS IMPLEMENTING A SERIES OF NEW TRANSFORMATIONAL MOVES WHICH INCLUDES A WORLDWIDE COST-REDUCTION EFFORT

* COST-REDUCTION EFFORT WILL INCLUDE THIRD PARTY EXPENSES, T&E AND TARGETED HEADCOUNT REDUCTIONS OF ABOUT 4% OF WORKFORCE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below