Commvault Systems, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2018
January 29, 2019 at 08:30 am
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Commvault Systems, Inc. provided revenue guidance for the fourth quarter and full year of 2018. For the quarter, the company expects total revenue to be approximately $189 million, up 2% year-over-year.
For the year, the company expects revenues of approximately $719 million.
Commvault Systems, Inc. is a data management company. The Company offers cyber resilience platform that combines the data security and rapid recovery at enterprise scale across any workload. The Company provide these products and services for their data across many types of environments, including on-premises, hybrid and multi-cloud. Its offerings are delivered via self-managed software, software-as-a-service (SaaS), integrated appliances, or managed by partners. The Companyâs Commvault Cloud offerings are organized in three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Its Operational Recovery provides backup, verifiable recovery, and cost-optimized cloud workload mobility, helping to ensure data availability and granular recovery, even across multiple clouds all managed with Commvaultâs Command Center. In addition, the Company provides customers with a range of offerings, including Cleanroom Recovery, HyperScale X, Air Gap Protect and Compliance.
COMMVAULT SYSTEMS, INC. 
