The Best (And Worst) Third-Quarter Technology Vendor Stocks

Email this CRN article

CommVault Systems

CEO: N. Robert Hammer

June 28, 2013: $75.89
Dec. 31, 2012: $87.92
Change: 15.9%

The value of CommVault's stock has surged in the third calendar quarter, coming on top of an 8.6-percent gain in the first half of the year.

In August, the data management system vendor debuted the Simpana 10 data protection software with new VM archiving functionality that lets users automatically manage, move and recover unused virtual machines.

In July, CommVault reported that revenue in the first fiscal quarter ended June 30 grew 21 percent year-over-year to $134.4 million.


Email this CRN article