Commvault(CVLT)
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Can Commvault (CVLT) Keep the Earnings Surprise Streak Alive?
ZACKS· 2024-10-14 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Commvault Systems (CVLT) . This company, which is in the Zacks Computer - Software industry, shows potential for another earnings beat. This data-management software company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters ...
Commvault Benefits From Strong Portfolio, Expanding Partner Base
ZACKS· 2024-10-11 14:35
Commvault (CVLT) is riding on an innovative portfolio and an expanding partner base. It recently expanded its portfolio with the announcement of the general availability of Cloud Rewind on the Commvault Cloud platform. A rich partner base that includes cloud services from Amazon (AMZN) , Alphabet (GOOGL) and Microsoft is a key catalyst. It recently announced a collaboration with Pure Storage (PSTG) . Cloud Rewind offers cloud-native distributed application recovery and rebuilds capabilities that CVLT acquir ...
Commvault Systems (CVLT) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-10-09 22:55
Commvault Systems (CVLT) closed the most recent trading day at $159.91, moving +0.25% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.71%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 0.6%. Shares of the data-management software company witnessed a gain of 11.24% over the previous month, beating the performance of the Computer and Technology sector with its gain of 9.96% and the S&P 500's gain of 6.41%. The investment community will ...
Commvault Launches Cloud Rewind - Transforming How Cloud-First Organizations Rapidly Recover After a Cyberattack
Prnewswire· 2024-10-08 13:00
New discovery, reporting, recovery, and rebuild capabilities can help customers bounce back following an attack LONDON, Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced the availability of Cloud Rewind™ on the Commvault Cloud platform. This unique offering, which integrates cloud-native distributed application recovery and rebuild capabilities from the Appranix acquisition, gives cloud-first ...
Commvault and Pure Storage Collaborate to Help Financial Institutions Meet Stringent DORA Requirements
Prnewswire· 2024-10-08 13:00
Joint solution delivers cyber resiliency, operational readiness, and rapid recovery capabilities to address growing regulations. LONDON, Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced a joint cyber readiness solution with Pure Storage that can play a key role in helping organizations comply with evolving and stringent regulations. For example, the European Union's (EU) Digital Operational R ...
Commvault Expands Google Cloud Support with Advanced Cloud Backup and Cyber Recovery for Google Workspace
Prnewswire· 2024-10-08 13:00
Commvault Cloud Backup & Recovery provides Google Workspace customers with comprehensive protection, multi-layered cyber resilience, and the simplicity of SaaS LONDON, Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced an expanded relationship with Google Cloud with the launch of Commvault® Cloud Backup & Recovery for Google Workspace. This new solution, which is targeted for availability by th ...
Commvault Enables New Levels of Cyber Readiness for Cloud-First Enterprises on the AWS Cloud
Prnewswire· 2024-10-08 13:00
Commvault delivers the full Commvault Cloud cyber resilience platform on AWS, including Cleanroom Recovery, Commvault SaaS Offerings, Air Gap Protect, and Cloud Rewind LONDON, Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced that the Commvault® Cloud cyber resilience platform will be available on Amazon Web Services (AWS). The Commvault Cloud platform, including its widely deployed SaaS offer ...
Commvault (CVLT) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-10-04 14:33
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Commvault Systems (CVLT) . Commvault currently has an average br ...
Why Commvault Systems (CVLT) Outpaced the Stock Market Today
ZACKS· 2024-10-02 22:56
Commvault Systems (CVLT) closed at $150.70 in the latest trading session, marking a +0.61% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. Coming into today, shares of the data-management software company had gained 0.44% in the past month. In that same time, the Computer and Technology sector gained 1.03%, while the S&P 500 gained 1.21%. The investment community will be paying close attention to the ear ...
Commvault acquires data backup provider Clumio
TechCrunch· 2024-09-24 20:57
It must be M&A season. Commvault, a publicly traded data protection and management software company, today announced that it intends to acquire data backup and recovery provider Clumio for an undisclosed sum. The deal is expected to close in early October. Commvault says it's not material to its earnings and that it'll be funded with cash on hand. Clumio, headquartered in Santa Clara, California, was founded in 2017 by Poojan Kumar, Kaustubh Patil, and Woon Ho Jung. It largely serves to protect AWS workload ...