Feeds

What economic crisis? Big Data powers cash cascade at CommVault

Backup bucks up: bucking the trend

Build a business case: developing custom apps

Backup and archive software supplier CommVault is becoming a profit-making machine with its net profits as a percentage of revenues rising from 7.2 per cent two years ago to 11.8 per cent in its second fiscal 2013 quarter. There is also no indication of any slowdown in enterprise spending - companies like EMC should be so lucky.

The trend is steady now, as the chart below shows, although spiky in the past, with the last three quarters showing 6.9, 8.6. 9.1 and now 11.8 per cent net profit. There's clearly demand for its products - especially in Big Data software and services - and it appears to be developing, producing and delivering them more efficiently.

CommVault profit history

Second quarter fiscal 2013 revenues were $118.2m, an increase of 21 per cent over the second quarter of fiscal 2012 and an increase of 6 per cent over the prior quarter. Net income was $13.9m compared to $7.9m a year ago and $10.1m in the first 2013 quarter. CEO Robert Hammer runs a tight and predictable financial ship here. Revenues and profits beat Street estimates.

CommVault Q2 fy2013 revenue trends

We expect a new release of its Simpana virtualisation product early next year, Simpana rev 10.0, and CommVault looks set to weather increasing competition from Symantec and EMC well, and should keep its edge over reselling partner Dell's own products. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.