Commvault Systems Inc. has announced financial results for Q3 FY2024. Overall revenue is up 11.1% year-on-year and 7.9% sequentially. Subscription revenue is up 30.7% year-on-year, while total ARR grew 17%. The subscription approach seems to be working for the company. Is this a sign of long-term growth?
![Commvault Announces Q3 FY2024 Results Commvault Announces Q3 FY2024 Results](https://content.architecting.it/wp-images/ait_9989_featured_o.jpg)