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Commault Systems (CVLT) Stock News, Jul 14, 2020

CVLT Nasdaq

Commvault Systems, Inc. reports on cyber resilience software, data protection, identity resilience, and cloud recovery for enterprise environments. Company news centers on Commvault Cloud, Clumio, and Commvault Flex, including support for hyperscale cloud storage, Red Hat OpenShift Virtualization, immutable SaaS backups, air-gapped recovery, and AI-related data governance.

Recurring updates also cover subscription and SaaS revenue trends, annual recurring revenue, cash flow, partner ecosystem expansions, product demonstrations, and leadership appointments. The company sells software licenses and services to large enterprises, small and midsize businesses, and government agencies through direct sales and reseller partners.

Rhea-AI Summary

Commvault (NASDAQ: CVLT) will announce its financial results for the fiscal first quarter ended June 30, 2020, on July 28, 2020. A webcast and conference call will follow at 8:30 a.m. Eastern Time. Investors can access the live webcast at ir.commvault.com. Commvault specializes in data backup and recovery solutions, positioning itself as a leader in the enterprise data management sector.

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FAQ

What is the current stock price of Commault Systems (CVLT)?

Commault Systems (CVLT) last closed at $149.11.

What is the market cap of Commault Systems (CVLT)?

The market cap of Commault Systems (CVLT) is approximately $6.2B.