Q1 FY2027 EarningsQ1 FY27 results beat consensus on both top and bottom lines, with revenue of $314.1M (+11% YoY) vs. $310.4M expected. Subscription ARR grew 22% YoY to $1,054M, driven by a 39% surge in SaaS revenue. While GAAP EPS of $0.50 exceeded the $0.46 consensus, the effective tax rate spiked to 34.4% due to earnings mix. Management's transition to a recurring model is accelerating, with subscription revenues now comprising 85% of total sales.
Overview: Commvault Systm(CVLT) the Revenue is 314.13 M (+11.4%), Beat estimate;the EBIT is 71.47 M (+22.69%), Beat estimate;the EPS is 0.5 (-3.85%), Beat estimate.