Commvault CEO Sanjay Mirchandani tells Jon Fortt the Q4 print was "beats and meets" — EPS came in $0.19 above, SaaS clipped $400M ARR (+42%), subscription ARR up 27%, the stock was up 10% premarket.
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Commvault Systems is a strong buy, with management urged to reject any buyout below $130/share given sector M&A multiples and growth prospects. Despite a 60% share price drop and ARR headwinds, CVLT's ...
A media report stated that both private equity firms and strategic investors have expressed interest in owning the company. Due to declines in software stocks generally, those apparent suitors ...
Commvault expands Cloud Threat Scan with layered malware detection for backup data. Behavioral, anomaly and signature-based analysis ensures verified clean data recovery. New Hyper Threat Hunting and ...
Commvault (NASDAQ: CVLT) has integrated with CloudSEK, a provider of predictive threat intelligence and AI-driven external risk monitoring, to help enterprises proactively defend against ...
Commvault's third-quarter sales rose 19% year over year, landing at $314 million. The average analyst had expected roughly $299 million. On the bottom line, adjusted earnings rose 24% to $1.17 per ...