Commvault Systems Stock Plunges After Q2 Miss

Commvault Systems Stock Plunges After Q2 Miss
A logo sign outside of the headquarters of Commvault in Tinton Falls, N.J., in November 2020. Google Maps/Screenshot via The Epoch Times
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Commvault Systems Inc. reported second-quarter FY22 revenue growth of 4 percent year-over-year to $177.8 million, missing the consensus of $184.8 million.

Annualized recurring shares closed lower by 19.36 percent at $61.04 on the last check Tuesday.