CommVault Systems, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total revenues of $128,147,000 compared to $103,640,000 a year ago. Income from operations was $20,227,000 compared to $12,320,000 a year ago. Income before income taxes was $20,526,000 compared to $12,506,000 a year ago. Net income was $12,200,000 or $0.25 diluted per share compared to $7,160,000 or $0.15 diluted per share a year ago. Non-GAAP income from operations was $29,834,000 compared to $19,645,000 a year ago. Non-GAAP net income was $18,984,000 or $0.39 diluted per share compared to $12,692,000 or $0.27 diluted per share a year ago. Cash flow from operations during the quarter was $27,500,000.

For the nine months period, the company reported total revenues of $357,576,000 compared to $292,625,000 a year ago. Income from operations was $58,996,000 compared to $35,414,000 a year ago. Income before income taxes was $59,792,000 compared to $35,870,000 a year ago. Net income was $36,224,000 or $0.75 diluted per share compared to $22,098,000 or $0.47 diluted per share a year ago. Net cash provided by operating activities was $69,802,000 compared to $69,883,000 a year ago. Purchase of property and equipment was $5,606,000 compared to $4,417,000 a year ago. Non-GAAP income from operations was $81,302,000 compared to $52,556,000 a year ago. Non-GAAP net income was $51,722,000 or $1.08 diluted per share compared to $33,928,000 or $0.72 diluted per share a year ago.

The company provided tax rate guidance for the fiscal 2013. The company will continue to use a pro forma tax rate of 37% for fiscal 2013. The cash tax rate for fiscal 2013 is estimated to be in the range of 14% to 18%.