TINTON FALLS, N.J. (AP) _ Commvault Systems Inc. (CVLT) on Tuesday reported fiscal fourth-quarter earnings of $6.3 million.
On a per-share basis, the Tinton Falls, New Jersey-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, were 59 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The data-management software company posted revenue of $191.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $182.4 million.
Commvault shares have risen 24% since the beginning of the year. The stock has increased 65% in the last 12 months.
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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
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