Commvault Systems has posted Q1 financial data for FY2024, showing almost no revenue growth year-on-year. However, subscription revenue is up over 11%. What does this show for the data protection industry and Commvault in particular?
![Commvault Announces Q1 FY2024 Results Commvault Announces Q1 FY2024 Results](https://content.architecting.it/wp-images/ait_8a34_featured_o.jpg)
Commvault Systems has posted Q1 financial data for FY2024, showing almost no revenue growth year-on-year. However, subscription revenue is up over 11%. What does this show for the data protection industry and Commvault in particular?