Commvault Sys Inc Stock Price, News & Analysis

Commvault (CVLT) reported strong financial results for Q3 FY2025 ended December 31, 2024. Total revenues reached $262.6 million, marking a 21% year-over-year increase. The company's subscription revenue grew 39% to $158.3 million, while total annualized recurring revenue (ARR) rose 18% to $890 million.

Operating income (EBIT) was $13.6 million with a 5.2% margin, while Non-GAAP EBIT reached $54.6 million with a 20.8% margin. The company generated $30.1 million in operating cash flow and repurchased $31.9 million worth of shares.

For Q4 FY2025, Commvault expects revenues between $260-264 million and subscription revenue of $160-164 million. The full-year guidance projects total revenues of $980-985 million, with total ARR growth of 19-20% and subscription ARR growth of 28-30%.

Commvault has announced a new integration with the CrowdStrike Falcon® cybersecurity platform to enhance threat detection and data recovery capabilities for joint customers. The collaboration integrates CrowdStrike's security data and threat intelligence within the Commvault Cloud, enabling faster threat detection and response.

The integrated solution offers key benefits including proactive threat detection using CrowdStrike's Indicators of Compromise (IOCs) and AI-driven insights, accelerated clean data recovery, and streamlined operations between SecOps and ITOps teams. According to cited research, 62% of respondents report that downtime or data loss from attacks has been disruptive, while the average organization faces 8 cyber incidents annually, with 4 considered major.

Commvault has expanded its platform to include automated forest recovery for Microsoft Active Directory, addressing a critical cybersecurity need. The new Commvault Cloud Backup & Recovery for Active Directory Enterprise Edition aims to protect the widely-used enterprise identity system that manages authentication for over 610 million users worldwide.

The solution introduces automated runbooks for forest recovery, visual topology views for quick domain controller restoration, and integrated protection for both Active Directory and Entra ID. This automation significantly reduces recovery time from days or weeks to a fraction of the time, eliminating error-prone manual processes.

The product targets a important security concern, as Active Directory is targeted in up to 90% of cyberattacks. The solution is expected to be generally available in the first half of 2025, with pricing based on a per-user model.

Commvault (NASDAQ: CVLT) has announced it will release its third quarter fiscal year 2025 earnings results via webcast on Tuesday, January 28, 2025 at 8:30 a.m. EST. Investors can participate through multiple channels: by accessing the live webcast at http://ir.commvault.com, or by dialing in toll-free at (800) 715-9871 or internationally at (646) 307-1963 using Event ID 7183844. To ensure timely participation, attendees are encouraged to join fifteen minutes before the scheduled start time. A replay of the webcast will be available on Commvault's investor relations website.

Commvault has been positioned as a Leader in The Forrester Wave™: Data Resilience Solutions, Q4 2024, achieving the highest score in the current offering category. The company received top scores in 13 criteria, including hyperscale cloud/IaaS and regulatory compliance features. Commvault Cloud, powered by Metallic AI, along with capabilities from TrapX and Appranix acquisitions, demonstrates the company's comprehensive workload coverage and superior product reliability. The report highlights Commvault's strength in protecting complex IT environments across on-premises, cloud, and SaaS platforms.

Commvault, a cyber resilience and data protection solutions provider, announces its participation at AWS re:Invent from December 2-6, featuring two booths following its recent acquisition of Clumio. The event will showcase new cyber resilience solutions for cloud-first enterprises, with key speaking sessions including 'Data resilience at scale with Amazon S3 Versioning & Clumio' and 'Best practices for cyber readiness, recovery, and rebuild'. Attendees can experience demonstrations of Commvault's solutions including Cleanroom™ Recovery, Air Gap Protect, and Cloud Rewind™ at Booth #722, while Booth #513 will showcase cloud-native resilience solutions for AWS services.

Commvault (CVLT) reported strong fiscal Q2 2025 results with total revenues of $233.3 million, up 16% year over year. The company's subscription revenue increased 37% to $134.0 million, while total ARR grew 20% to $853 million. Operating income reached $15.0 million with a 6.4% margin. The company repurchased $51.9 million in shares and generated $55.6 million in operating cash flow. Looking ahead, Commvault raised its fiscal 2025 guidance, expecting total revenues between $952-957 million and subscription revenue of $552-557 million, with total ARR projected to grow 18% year over year.

Commvault and Pure Storage have announced a joint cyber readiness solution to help organizations comply with evolving regulations, particularly the EU's Digital Operational Resilience Act (DORA), effective January 2025. The solution addresses key aspects of DORA, including risk management and operational resilience testing.

The joint offering provides:

• Protection: Built on zero-trust principles with advanced authentication, storage encryption, and compliance locks
• Detection: Proactive risk scanning, AI-assisted anomaly detection, and cyber deception technology
• Response and Recovery: Rapid recovery of mission-critical systems using Pure Storage Platform snapshots
• Operational Resilience Testing: Continuous testing in secure, isolated environments

This solution aims to enhance cyber resilience, operational readiness, and rapid recovery capabilities for financial institutions and other organizations facing stringent regulatory requirements.

Commvault has announced an expanded relationship with Google Cloud, launching Commvault® Cloud Backup & Recovery for Google Workspace. This new solution, expected to be available by the end of the year, will provide comprehensive protection for Gmail, Google Drive, and Shared Drives. It offers:

• Comprehensive protection with easy data discovery and recovery
• Multi-layered cyber resilience with stringent security standards
• Simplicity of SaaS with cost-effective data protection

Commvault is also expanding its Google Cloud capabilities with Cloud Rewind™, integrating Appranix's application rebuild capabilities for rapid recovery from cyber incidents. Additionally, Commvault now supports object retention lock for Google Cloud Storage, providing immutable cloud storage on Google Cloud's infrastructure.