Feeds

What economic crisis? Big Data powers cash cascade at CommVault

Backup bucks up: bucking the trend

Boost IT visibility and business value

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
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Judge nixes HP deal for director amnesty after $8.8bn Autonomy snafu
Lawyers will have to earn their keep the hard way, says court
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
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.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.