PRNewsWire
04 Jun 2026, 21:33 UTC · 3h ago
Lost Money on Commvault Systems, Inc. (CVLT)? Join Class Action Suit Seeking Recovery - Contact SueWallSt
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PRNewsWire
04 Jun 2026, 21:33 UTC · 3h ago
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4 claims · impact-rated
Commvault Systems, Inc. shares experienced a single-day price collapse of over 31%, dropping from $129.36 to $89.13. — A massive single-day drop of this magnitude indicates a severe loss of investor confidence and a significant correction in valuation.
-0.80Commvault missed its third quarter net new ARR projection of $45 million, reporting actual results of $39 million. — Missing a key growth metric like ARR directly contradicts previous guidance and suggests a deterioration in the company's growth trajectory.
-0.60A securities class action lawsuit alleges that Commvault concealed a shift toward lower-priced SaaS deals that diluted its ARR growth. — Allegations of management concealment and misleading growth metrics create legal risk and raise doubts about the quality of the company's reporting.
-0.50Continue reading
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SaaS deals now account for 70% of net new ARR, with average selling prices two to three times lower than traditional software licenses. — A fundamental shift toward lower-value sales mix compresses the revenue potential per customer, impacting long-term margins and growth.
-0.40Ticker attribution
Model heads
The company is facing a securities class action lawsuit following a 31% stock price drop and allegations of concealing SaaS mix shifts that diluted ARR growth.
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