CommVault Systems, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total revenues of $155,696,000 against $153,021,000 a year ago. Income from operations was $3,509,000 against $4,897,000 a year ago. Income before income taxes was $3,482,000 against $4,871,000 a year ago. Net income was $4,878,000 against $3,073,000 a year ago. Net income per share diluted was $0.10 against $0.07 per share a year ago. Net cash provided by operating activities was $15,765,000 against $20,239,000 a year ago. Purchase of property and equipment was $1,892,000 against $1,286,000 a year ago. Non-GAAP income from operations was $20,966,000 against $25,266,000 a year ago. Non-GAAP net income was $13,192,000 against $15,901,000 a year ago. Non-GAAP diluted net income per share was $0.28 against $0.34 per share a year ago.

For the nine months, the company reported total revenues of $435,561,000 against $456,808,000 a year ago. Loss from operations was $7,300,000 against income from operations of $34,015,000 a year ago. Loss before income taxes was $7,405,000 against income before income taxes of $34,161,000 a year ago. Net loss was $5,658,000 against net income of $22,298,000 a year ago. Net loss per share diluted was $0.12 against net income per share of $0.47 a year ago. Net cash provided by operating activities was $47,234,000 against $87,865,000 a year ago. Purchase of property and equipment was $5,007,000 against $3,742,000 a year ago. Non-GAAP income from operations was $41,106,000 against $84,432,000 a year ago. Non-GAAP net income was $25,831,000 against $53,284,000 a year ago. Non-GAAP diluted net income per share was $0.55 against $1.12 per share a year ago.

For the year 2016, the company expects non-GAAP effective tax rate of 37% in fiscal 2016.