
Commvault Announces Q4 FY2023 and Full Year Results
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?