Reported 3 months ago
Commvault's shares surged after stronger-than-expected fiscal first quarter earnings, driven by subscription growth. CEO Sanjay Mirchandani emphasized the company's focus on 'cyber resilience' and its substantial investment in innovation, mentioning over 1,100 patents and the Commvault Cloud platform that supports both data center and cloud-native workloads. He also provided insights related to their involvement in the CrowdStrike incident, reflecting on the importance of robust security measures.
Source: YAHOO