Commvault and Watsco Announce Quarterly Financial Results
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TINTON FALLS, N.J. — Commvault Systems Inc. on Tuesday reported fiscal fourth-quarter profit of $14.6 million, or 34 cents per share, with adjusted earnings of $1.28 per share and revenue of $311.7 million, exceeding Zacks-sourced Wall Street estimates; the company provided full-year revenue guidance of $1.30–$1.31 billion this week.
COCONUT GROVE, Fla. — Watsco Inc. on Tuesday reported first-quarter net income of $79.1 million, or $1.87 per share, and revenue of $1.53 billion; both reports were published via Automated Insights using Zacks data, prompting investors and analysts this week to update short-term models and consider guidance changes for Commvault ahead of upcoming reporting cycles.
More context
Timeline
- 1. Companies complete fiscal periods and prepare financial disclosures.
- 2. Zacks Investment Research compiles analyst estimates referenced by Automated Insights.
- 3. Automated Insights generates AP-formatted earnings snapshots using Zacks data.
- 4. On Tuesday, AP-distributed summaries published Commvault and Watsco results to partner outlets.
- 5. Investors and analysts review reported figures and update models and guidance.
Why it matters
These financial results affect your wallet. If you're an investor in Commvault or Watsco, these figures can influence your portfolio's performance. Even if you're not, these companies' health can impact the economy, jobs, and market trends. Keep an eye on such reports.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
