Share N-able supports customers in the defense supply chain with a scalable UEM solution designed for compliance and business resilience BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company delivering an end-to-end cyber resilience platform, today announced the public preview of a version of its N- able N-central unified endpoint management (UEM) solution supporting CMMC 2.0 controls—which customers can run to control their own data and infrastructure in their secure envi ...

Core Insights - Commvault announced the winners of the inaugural Commvault Fearless Awards 2025, recognizing partners who have demonstrated resilience against cyber threats and business disruptions [1][2][8] - The awards highlight a customer-first mindset and a unified, cloud-native approach to resilience among 24 standout partners globally [2][3] Award Winners - The Global Champion Award was awarded to HPE, with CDW, Softcat, and Logicalis Australia receiving regional champion awards for AMER, EMEA, and APAC respectively [6][12] - Other notable awards included Global AI Innovation Award to AWS, Global Cloud Partner of the Year to Microsoft, and Global Cyber Readiness Award to Bytes [7] Partner Statements - HPE emphasized the importance of comprehensive cyber resilience and data protection, reflecting a shared vision with Commvault [4] - Softcat highlighted the strength of their long-standing partnership with Commvault, focusing on innovation and customer-centric solutions [4] - Logicalis Australia expressed commitment to helping customers strengthen resilience and navigate complexity in the APAC region [4] Event Context - The awards were unveiled at SHIFT NYC, which also featured significant announcements including the Commvault Cloud Unity platform release [9][11] - The Commvault Fearless Awards aim to honor partners who show unwavering commitment to resilience amid evolving threats [8]

Core Insights - Commvault Systems, Inc. is a key player in the computer software industry, focusing on data protection and information management solutions, with a cloud-first, AI-enabled cyber resilience platform [1] Financial Performance - For the quarter ending October 28, 2025, Commvault reported an EPS of $0.32, missing the estimated $0.93, resulting in a negative surprise of 3.19% [2][6] - Revenue for the quarter was approximately $276.2 million, exceeding the estimated $273.3 million, marking an 18% increase from $233.28 million reported in the same period last year [3][6] - The company achieved over $1 billion in annualized recurring revenue (ARR) ahead of its March 2026 target, with operating cash flow of $77 million and free cash flow of $74 million [4][6] Valuation Metrics - Commvault's P/E ratio is approximately 78.80, with a price-to-sales ratio of about 5.78 and an enterprise value to sales ratio around 5.64, indicating high market expectations for future growth [5]

Core Insights - Commvault reported total revenues of $276 million for the fiscal second quarter, reflecting an 18% year-over-year increase [5][19] - The company achieved an annualized recurring revenue (ARR) of $1.043 billion, surpassing its target two quarters ahead of schedule [2][5] - Operating cash flow was reported at $77 million, with free cash flow at $74 million [5][19] Financial Performance - Total revenues increased by 18% year over year, with subscription revenue reaching $173 million, up 29% year over year [5][19] - SaaS revenue grew significantly by 61% year over year, contributing to the overall subscription ARR growth of 30% [5][19] - Non-GAAP EBIT was reported at $51 million, with an operating margin of 18.6% [5][19] Business Developments - Commvault completed the acquisition of Satori Cyber Ltd., enhancing its cyber-resilience platform [5][19] - The company launched new products including Clumio for Apache Iceberg and expanded its HyperScale portfolio with HyperScale Edge and HyperScale Flex [5][19] - A new integration with BeyondTrust Password Safe was announced to improve security and data recovery efficiency [5][19] Future Guidance - For the third quarter of fiscal year 2026, total revenues are expected to be between $298 million and $300 million [5] - Full fiscal year 2026 revenue guidance is projected between $1.161 billion and $1.165 billion, with subscription revenue expected to grow between 24% and 25% year over year [5][19] - Non-GAAP gross margin is anticipated to be between 80.5% and 81.5% for the full year [5][19]

Core Insights - Hamilton Lane Advisors sold its entire stake in Rubrik, amounting to an estimated trade value of $9.44 million, resulting in a zero position in the company as of the filing date [1][2][3] Company Overview - Rubrik's stock price was $82.21 as of October 6, 2025, with a market capitalization of $15.74 billion and a trailing twelve months (TTM) revenue of $1.08 billion, while reporting a net income loss of $443.83 million [4] - The company specializes in enterprise data protection, unstructured data protection, cloud and SaaS data protection, data threat analytics, security posture management, and cyber recovery solutions, serving a diverse client base across various industries [5][6] Performance Metrics - Rubrik's stock has increased by 149.5% over the past year, significantly outperforming the S&P 500 by 133.93 percentage points [3] - The company experienced a revenue growth of 51% in its latest quarter, with existing customers increasing their spending by over 20% [8] Valuation Insights - The price-to-sales ratio for Rubrik rose from 7 to 15 within a year, indicating a substantial increase in valuation [7] - If Rubrik achieves a 20% net income margin, it would still be trading at 75 times earnings at the current share price [8] Strategic Positioning - Rubrik is integrated with major cybersecurity firms such as Palo Alto Networks, CrowdStrike, Zscaler, Okta, and Google's Mandiant, positioning it for potential growth into its high valuation [9]

Core Insights - Commvault will host a webcast to discuss its second quarter fiscal year 2026 earnings results on October 28, 2025, at 8:30 a.m. EST [1] - Investors can access the live webcast through the company's investor relations website or by dialing a toll-free number for the conference call [2] - Commvault is recognized as a leader in cyber resilience, serving over 100,000 organizations with a platform that integrates data security and rapid recovery across various workloads [3] Company Overview - Commvault (NASDAQ: CVLT) specializes in cyber resilience and data protection solutions for hybrid cloud environments [4] - The company has recently launched Clumio for Apache, enhancing its offerings for AI data lakehouses on AWS [4] - New research from Commvault highlights the emerging role of the Chief Trust Officer as a critical executive position in organizations [5]

Core Insights - Corero Network Security has announced a strategic partnership with ONESECURE Asia Pte Ltd, marking its entry into the Singapore market and expanding its presence in Southeast Asia [1][2] - The partnership aims to enhance cyber resilience for telecom operators, enterprises, and service providers in the Asia-Pacific region by combining Corero's automated, real-time resiliency solutions with ONESECURE's local expertise [2][4] Company Overview - Corero Network Security specializes in DDoS protection solutions, focusing on automatic detection and protection with network visibility, analytics, and reporting tools [6] - The company is headquartered in London and is listed on the London Stock Exchange's AIM market and the US OTCQX Market [6] Partnership Details - The collaboration is expected to empower clients with improved resilience, visibility, and performance in DDoS mitigation services across the ASEAN region [4] - ONESECURE, a subsidiary of Secura Group Ltd, is recognized for its expertise in securing high-volume networks and will integrate Corero's technology into its cybersecurity portfolio [3][4] Market Impact - This partnership signifies a new chapter in cyber resilience for Singapore, providing organizations with stronger protection and support to grow securely in a connected economy [5]

Core Viewpoint - The cyber-attack on Jaguar Land Rover (JLR) highlights the critical need for enhanced cybersecurity measures within the UK automotive sector, emphasizing that cybersecurity is now a core element of industrial resilience rather than a mere IT issue [4][9]. Group 1: Impact on JLR - JLR's factories will remain closed until 24 September, resulting in a loss of approximately 24,000 vehicles and around £120 million in profits, with an estimated £1.7 billion in lost revenue [2]. - The cyber incident has significantly impacted JLR and the wider automotive supply chain, with suppliers experiencing operational disruptions and financial strain [4][5]. Group 2: Supplier Vulnerability - JLR's suppliers are more vulnerable to the repercussions of the cyber-attack, with some already pausing operations or laying off staff due to the loss of JLR's cash flow [5]. - The interconnected nature of the UK automotive system means that disruptions at JLR affect the entire supply chain, causing widespread pain across the sector [5]. Group 3: Financial Implications - The incident underscores the potential for a credit and liquidity crisis within the B2B finance community, as tier-two and tier-three suppliers operate on thin margins and rely on receivables for servicing loans [6]. - If receivables vanish due to disruptions, suppliers may struggle to meet their financial obligations, exacerbating the crisis [6]. Group 4: Recommendations for Resilience - The UK should consider adopting mechanisms similar to those in Germany, such as automatic part-time working schemes, to help firms manage sudden industrial shocks [7]. - JLR's experience serves as a lesson in cyber resilience, indicating that effective cybersecurity involves not just better firewalls but also system segmentation, backup processes, and stress-testing supplier networks [9].

Financial Data and Key Metrics Changes - Subscription ARR reached approximately $1,200 million, growing 38% year over year [7][33] - Subscription revenue was $266 million, growing 54% year over year [7][35] - Subscription NRR remained strong above 120% [7][34] - Free cash flow was over $33 million, a significant improvement from negative $37 million in the same quarter last year [8][38] - Non-GAAP gross margin improved to 80.5% from 75.4% year over year [36] Business Line Data and Key Metrics Changes - Cloud ARR reached $972 million, up 60% [34] - Customers with subscription ARR of $100,000 or more increased to 2,381, growing 28% year over year [7][35] - Subscription ARR contribution margin improved by over 1,800 basis points year over year [8][37] Market Data and Key Metrics Changes - Revenue from the Americas grew 51% to $203 million, while revenue from outside the Americas grew 43% to $75 million [36] - The company operates in a $50 billion market for cyber resilience, with significant growth opportunities in identity resilience [78] Company Strategy and Development Direction - The company focuses on cyber resilience as a top priority, leveraging a unique platform that combines data and identity security [10][76] - The strategy includes a two-platform approach, transforming legacy backup into a comprehensive data security platform [51][102] - Investments in R&D and go-to-market strategies will continue to drive innovation and market penetration [39][91] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the cyber resilience market and the demand for differentiated offerings [39][78] - The company anticipates strong subscription ARR growth and has raised its guidance for the fiscal year [41][42] - Management noted that the current market environment is favorable for the adoption of generative AI and modernization of infrastructure [58][60] Other Important Information - The company has successfully integrated its DSPM Laminar product, resulting in a 300% year-over-year increase in DSPM ARR [66] - The company is focused on combining identity security with data security to create a comprehensive solution for customers [66][118] Q&A Session Summary Question: How long is the runway for the shift from legacy to next-gen solutions? - Management indicated that the shift is expanding the total addressable market (TAM) due to rising identity-based attacks and the need for comprehensive cyber resilience [50][52] Question: What is happening to sales cycles and awareness of Rubrik's capabilities? - Management believes they are at the front end of a significant trend in data security and AI, with increasing awareness leading to faster sales cycles [56][60] Question: How does Rubrik differentiate in identity resilience? - The company combines identity and data security on a single platform, allowing for faster recovery times and preventing malware reintroduction [117][118] Question: What is the demand environment for cybersecurity? - Management stated that cyber resilience is a top priority for CIOs and CSOs, with no change in demand environment observed [77][78] Question: What are the top priorities for Rubrik in the next 12-18 months? - The focus will be on creating a unified platform for data and identity security, ensuring comprehensive risk management and recovery capabilities [102][103]

Financial Performance - Rubrik reported quarterly losses of 15 cents per share, beating the analyst consensus estimate of losses of 32 cents [1] - Quarterly revenue was $278.48 million, exceeding the Street estimate of $260.35 million [1] Management Commentary - CEO Bipul Sinha highlighted that the first-quarter results surpassed all guided metrics, emphasizing the company's success in the cyber resilience market and the growing opportunity [2] Future Outlook - Rubrik raised its fiscal 2026 adjusted EPS guidance to a range of losses of $1.02 to losses of 96 cents, compared to the previous estimate of losses of $1.15 [3] - The company increased its fiscal revenue outlook to between $1.18 billion and $1.19 billion, surpassing the previous estimate of $1.16 billion [3] Subscription Metrics - Subscription ARR grew by 38% year-over-year, reaching $1.18 billion as of April 30, 2025 [4] - Subscription revenue increased by 54%, amounting to $265.7 million compared to $172.2 million in the first quarter of fiscal 2025 [4] - Non-GAAP gross margin improved to 80.5%, up from 75.4% in the first quarter of fiscal 2025 [4]