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?
![Commvault Announces Q4 FY2023 and Full Year Results Commvault Announces Q4 FY2023 and Full Year Results](https://content.architecting.it/wp-images/ait_5e11_featured_o.jpg)