Commvault, a top provider of cyber resilience and data protection solutions for hybrid cloud, has announced that Ha Hoang has been appointed as the new Chief Information Officer (CIO). Hoang's skills in business transformation and cloud solutions will support Commvault's growth strategy in cyber resilience. The announcement was made on March 4, 2025, in Tinton Falls, New Jersey.
Commvault's solutions assist hospitals in recovering Electronic Health Records (EHR), ensuring continuous patient care, and complying with changing HIPAA regulations. At the HIMSS25 global health conference in Las Vegas, Commvault revealed that its advanced cyber resilience and recovery technologies can quickly restore EHRs, including those from Epic and Meditech. This technology is essential for healthcare providers.
Investors frequently depend on the advice of Wall Street analysts to make choices about buying, selling, or holding stocks. Changes in the ratings given by these analysts, who work for brokerage firms, can significantly influence a stock's price. Media coverage of these rating changes often plays a role in this impact.
Commvault Systems, listed on NASDAQ as CVLT, saw its share price rise significantly in 2023 and 2024, increasing by over 150% at its highest point. This upward trend may continue into 2025 and later. The main reason for this growth is the company's user-friendly and valuable unified data management and security solutions for businesses.
Sanjay Mirchandani, the CEO of Commvault, appears on 'Closing Bell Overtime' to discuss the current situation in cyber and data security, as well as the company's earnings results and other topics.
Commvault Systems (CVLT) reported quarterly earnings of $0.94 per share, which is higher than the Zacks Consensus Estimate of $0.87 per share. This is an increase compared to earnings of $0.78 per share from the same period last year.
TINTON FALLS, N.J., Jan. 28, 2025 /PRNewswire/ -- Commvault [Nasdaq: CVLT] has released its financial results for the third quarter of the fiscal year, which ended on December 31, 2024.
The transcript for Commvault Systems' (CVLT) earnings call for the third quarter of 2025 is available.
Instead of just focusing on Wall Street's predictions for Commvault's (CVLT) earnings, let's explore some important metrics to better understand how the company might perform in the quarter that ends in December 2024. This will give us a clearer picture of its potential.
In the most recent trading session, Commvault Systems (CVLT) finished at $162.80, which is a decrease of 0.74% compared to the previous day.