In the Q1, Commvault Systems Inc's corporate clients experienced a drop by -93.85 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -94.07 %. During the corresponding time, Commvault Systems Inc recorded a revenue increase by 11.71 % year on year, sequentially revenue grew by 0.46 %. While revenue at the Commvault Systems Inc's corporate clients recorded rose by 8.59 % year on year, sequentially revenue grew by 7.08 %.
Customers of Commvault Systems Inc saw their costs of revenue drop by -93.85 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -94.07 %, for the same period Commvault Systems Inc recorded revenue increase by 11.71 % year on year, sequentially revenue grew by 0.46 %.
Commvault Systems Inc's Comment on Sales, Marketing and Customers
Commvault provides data security, cyber recovery, and identity resilience solutions for enterprise customers across on-premises, hybrid, multi-cloud, and SaaS environments. Its Commvault Cloud platform supports enterprise-scale deployments and assists in preparation for and recovery from cyber incidents such as ransomware, data corruption, infrastructure failures, and cyberattacks. The platform supports modern data architectures, including cloud-native workloads, containerized applications, SaaS platforms, and AI-driven data environments. Commvault offers subscription-based and perpetual licenses through various deployment models, including Commvault-hosted SaaS, customer-managed software, integrated appliances, and distribution via strategic partners, cloud service providers, and managed service providers. The platform is organized into solution packages: Operational Recovery, Autonomous Recovery, and Cyber Recovery. Operational Recovery provides backup and recovery for hybrid enterprise workloads, including physical servers, virtual machines, containers, databases, endpoints, and SaaS applications deployed on-premises, cloud, or hybrid environments, emphasizing secure data protection, granular recovery, workload mobility, data growth management, and cloud cost control.
Commvault Systems Inc’s Comment on Sales, Marketing and Customers
Commvault provides data security, cyber recovery, and identity resilience solutions for enterprise customers across on-premises, hybrid, multi-cloud, and SaaS environments. Its Commvault Cloud platform supports enterprise-scale deployments and assists in preparation for and recovery from cyber incidents such as ransomware, data corruption, infrastructure failures, and cyberattacks. The platform supports modern data architectures, including cloud-native workloads, containerized applications, SaaS platforms, and AI-driven data environments. Commvault offers subscription-based and perpetual licenses through various deployment models, including Commvault-hosted SaaS, customer-managed software, integrated appliances, and distribution via strategic partners, cloud service providers, and managed service providers. The platform is organized into solution packages: Operational Recovery, Autonomous Recovery, and Cyber Recovery. Operational Recovery provides backup and recovery for hybrid enterprise workloads, including physical servers, virtual machines, containers, databases, endpoints, and SaaS applications deployed on-premises, cloud, or hybrid environments, emphasizing secure data protection, granular recovery, workload mobility, data growth management, and cloud cost control.
Sources:
Commvault Systems Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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