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CommVault Systems (NASDAQ:CVLT) Issues Quarterly Earnings Results, Beats Estimates By $0.14 EPS
Higher admissions and stronger insured revenue helped offset a $400 million hit from more uninsured patients, and HCA lifted its full-year outlook.
Summary
CommVault Systems (NASDAQ:CVLT - Get Free Report) announced its earnings results on Tuesday. The software maker reported $1.38 EPS for the quarter, topping the consensus estimate of $1.24 by $0.14. The firm had revenue of $312.39 million for the quarter, compared to the consensus estimate of $310.28 million. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.