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Stockreport

Dawn Of The New Commvault? [Forbes]

Commvault Systems, Inc. (CVLT)  More Company Research Source: Forbes
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Commvault has had a tough few years but there are early signs that its attempt at a refresh may be starting to work. Commvault CEO Sanjay Mirchandani is very pleased with the customer response to the new Metallic Software-as-a-Service offering so far. "We launched [Metallic] thinking that the initial foray of the product would be with the 500 to 2500 employee customers," Mirchandani said, "But we're getting some very positive interest across segments, including enterprise, who want the choice of being able to use a SaaS capability in conjunction with other things that they have." "We're seeing a lot of pickup of the Office365 native backup that we can do with it," he added. While Commvault isn't likely to say its own product isn't doing well—not to me at any rate—Mirchandani's comments do hint at what I think has been hurting the traditional backup players, particularly in the enterprise. Backup is sticky because of all the data being kept for month or years, sometimes as an archive ( [Read more]
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Stockreport

Dawn Of The New Commvault? [Forbes]

Commvault Systems, Inc.  (CVLT) 
More Company Research Source: Forbes
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Commvault has had a tough few years but there are early signs that its attempt at a refresh may be starting to work. Commvault CEO Sanjay Mirchandani is very pleased with the customer response to the new Metallic Software-as-a-Service offering so far. "We launched [Metallic] thinking that the initial foray of the product would be with the 500 to 2500 employee customers," Mirchandani said, "But we're getting some very positive interest across segments, including enterprise, who want the choice of being able to use a SaaS capability in conjunction with other things that they have." "We're seeing a lot of pickup of the Office365 native backup that we can do with it," he added. While Commvault isn't likely to say its own product isn't doing well—not to me at any rate—Mirchandani's comments do hint at what I think has been hurting the traditional backup players, particularly in the enterprise. Backup is sticky because of all the data being kept for month or years, sometimes as an archive ( [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVLT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS