Commvault Announces Q4 FY2023 and Full Year Results

Commvault Announces Q4 FY2023 and Full Year Results

Chris EvansCommvault, Data Practice: Data Protection, Data Protection, Enterprise, Individual Subscribers, Opinion

Commvault Systems recently posted Q4 FY2023 financial results and end-of-year data showing a 2% increase in revenue compared to 2022 ($784.6 million), while Q4 represented a decrease of 1% year on year ($203.5 million). With ARR increasing but recurring revenue flat, what’s next for this data protection business?

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