Commvault: Fiscal Q2 Earnings Snapshot

TINTON FALLS, N.J. (AP) — TINTON FALLS, N.J. (AP) — Commvault Systems Inc. (CVLT) on Tuesday reported fiscal second-quarter profit of $29.1 million.

The Tinton Falls, New Jersey-based company said it had profit of 69 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.38 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The data-management software company posted revenue of $312.4 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $310.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVLT at https://www.zacks.com/ap/CVLT