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CommVault Systems Inc. (CVLT) Broke Out To A New High On Q3 Results

CommVault Systems Inc. (CVLT: Quote) reported third quarter non-GAAP EPS of $0.39 Wednesday morning, up from $0.27 a year ago. The consensus estimate was for EPS of $0.32.

CommVault Systems gapped open higher Wednesday and spiked to the upside in early trade, before settling into a range. Shares finished up by 6.40 at $76.90 on strong volume. The stock broke out past resistance and set a new high for the year.

by RTT Staff Writer

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