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Commvault Systems Inc - CVLT STOCK NEWS

Welcome to our dedicated news page for Commvault Systems (Ticker: CVLT), a resource for investors and traders seeking the latest updates and insights on Commvault Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Commvault Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Commvault Systems's position in the market.

News
Commvault Announces Acquisition of Appranix, Accelerating and Advancing Cyber Resilience for Enterprises Globally
Rhea-AI Summary
Commvault acquires Appranix to enhance cyber resilience for enterprises globally by automating cloud application rebuilds after outages or cyberattacks, reducing downtime significantly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
acquisition
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News
Commvault Welcomes Industry Veteran Ashley Baird to Lead the Company's Rapidly Expanding Hyperscaler Business
Rhea-AI Summary
Commvault appoints Ashley Baird as Vice President & Managing Director of Market Expansion to drive growth and cloud leadership. Baird brings 16 years of cloud expertise and will enhance Commvault's cyber resilience offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
none
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News
Commvault Announces Fourth Quarter and Fiscal Year 2024 Earnings Release Date
Rhea-AI Summary
Commvault (CVLT) to Discuss Q4 and FY 2024 Earnings Results on April 30, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
earnings
News
Commvault Announces Fiscal 2024 Third Quarter Financial Results
Rhea-AI Summary
Commvault (CVLT) reported strong financial results for the fiscal third quarter, with double-digit revenue and ARR growth. The company also introduced the new Commvault Cloud platform to address the increasing cyber threats, positioning itself for accelerated growth in fiscal year 2025. Total revenues were $216.8 million, up 11% year over year, with subscription revenue at $114.2 million, up 31% year over year. The company also provided guidance for the fourth quarter and full year fiscal 2024, expecting total revenues to be between $826 million and $830 million, with a 15% year over year growth in total ARR and a 25% year over year growth in subscription ARR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.05%
Tags
earnings
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News
Top Cybersecurity Luminaries Join Forces with Commvault to Shape the Next Era in Cyber Resilience
Rhea-AI Summary
Commvault announces the formation of the Cyber Resilience Council, chaired by Melissa Hathaway, to advise and accelerate the development of advanced cyber resilience solutions. The council includes cybersecurity experts from various industries and aims to provide guidance on emerging security trends and cyber threats, as well as shaping product development and business strategies. The company also introduced Commvault Cloud, powered by Metallic AI, a cyber resilience platform for hybrid enterprises.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
none
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News
IT and Security Teams Increasingly United in Battle Against Sophisticated Cyberthreats, Research Finds
Rhea-AI Summary
Commvault's new report highlights the increasing collaboration between ITOps and security teams to combat cyber attacks. The report shows that 99% of respondents indicated a growing connection between ITOps and security, with 64% stating shared security goals and 70% having joint processes in place. However, only 48% have established joint processes to mitigate or recover from an incident.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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none
News
Commvault Announces Third Quarter Fiscal 2024 Earnings Release Date
Rhea-AI Summary
Commvault (NASDAQ: CVLT) will webcast a discussion of its third quarter fiscal year 2024 earnings results on January 30, 2024. Investors can access the live webcast at http://ir.commvault.com or by dialing (800) 715-9871 or (646) 307-1963. A replay of the webcast will also be available at the same link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
earnings
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News
NACD Names Commvault's Nicholas Adamo a Top Corporate Director
Rhea-AI Summary
Commvault (Ticker: CVLT) Chairman Nicholas Adamo was recognized by the NACD Directorship 100 for his influential leadership and strategic counsel, contributing to the company's accelerated growth, innovation, and industry disruption. The 2023 NACD Directorship 100 Awards Gala in New York City honored Adamo and other leading corporate directors and governance advocates from various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none
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News
Commvault Extends APAC Leadership with Two New Senior Appointments - Michel Borst, AVP, Asia and Joanne Dean, AVP Channel & Alliances, APAC
Rhea-AI Summary
Commvault (CMVT) Expands APAC Leadership Team with Key Senior Appointments
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
News
Commvault Taps Industry Veteran Anthony Anzevino to Lead Its Americas Sales Organization
Rhea-AI Summary
Commvault (NASDAQ: CVLT) appoints Anthony Anzevino as Senior Vice President for its Americas Field Organization. Anzevino brings extensive experience in global sales and operations, customer success, and renewals. His focus on relationships, innovation, and customer-centric approach has resulted in high customer retention rates. He aims to accelerate the adoption of Commvault's cyber resilience platform to help customers predict threats faster and make clean recoveries at the lowest Total Cost of Ownership (TCO).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
none
Stock CVLT logo
Commvault Systems Inc

Nasdaq:CVLT

CVLT Rankings

#1301 Ranked by Market Cap
#1667 Ranked by Stock Gains
N/A Ranked by Dividends

CVLT Stock Data

4.21B
43.13M
0.75%
97.45%
2.08%
Data Processing, Hosting, and Related Services
Information
Link
US
Tinton Falls

About CVLT

commvault’s data protection and information management solutions help companies protect, access and use all of the their data, anywhere and anytime as a powerful strategic asset.