Commvault Expects Q1 Revenue of $213M-$216M Vs $210.47M Est

Author: Benzinga Newsdesk | April 30, 2024 07:49am

Financial Outlook for First Quarter and Full Year Fiscal 20253-

We are providing the following guidance for the first quarter of fiscal year 2025:

• Total revenues are expected to be between $213 million and $216 million
• Subscription revenue is expected to be between $116 million and $119 million
• Non-GAAP operating margin1 is expected to be between 18% to 19%

We are providing the following guidance for the full fiscal year 2025:

• Total revenues are expected to be between $904 million and $914 million
• Total ARR2 is expected to grow 14% year over year
• Subscription revenue is expected to be between $514 million and $518 million
• Subscription ARR2 is expected to grow between 21% to 23% year over year
• Non-GAAP operating margin1 is expected to be between 20% to 21%
• Free cash flow1 is expected to be at least $200 million

Posted In: CVLT