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Stock impact report

Unpacking Q4 Earnings: Commvault (NASDAQ:CVLT) In The Context Of Other Data Storage Stocks [Yahoo! Finance]

Commvault Systems, Inc. (CVLT) 
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Company Research Source: Yahoo! Finance
Today, we are looking at data storage stocks, starting with Commvault (NASDAQ:CVLT). Data is the lifeblood of the internet and software in general, and the amount of data created is accelerating. As a result, the importance of storing the data in scalable and efficient formats continues to rise, especially as its diversity and associated use cases expand from analyzing simple, structured datasets to high-scale processing of unstructured data such as images, audio, and video. The 4 data storage stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 3.2% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.9% since the latest earnings results. Commvault (NASDAQ:CVLT) Born from the need to create ironclad protection in an increasingly dangerous digital world, Commvault (NASDAQ:CVLT) provides data protection and cyber resilience software t Show less Read more
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