Commvault Announces Q3 FY2024 Results

Commvault Announces Q3 FY2024 Results

Chris EvansCloud, Commvault, Data Practice: Data Protection, Data Protection, Individual Subscribers

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?
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