Investor's Business Daily - The data storage and management company's Q4 EPS rose 19% to 25 cents, beating by 2 cents, helped by more enterprise software deals and growing services demand. Revenue grew 22% to $89.6 mil, topping forecasts for $84.4 mil, with software sales up 20% and services revenue up 24%. CommVault (NASDAQ:CVLT - News), which counts Dell (NASDAQ
ELL - News) among its top customers, is seen benefiting from higher IT spending as businesses seek to manage and protect their data. Shares leapt 7% to 39.24.
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ELL - News) among its top customers, is seen benefiting from higher IT spending as businesses seek to manage and protect their data. Shares leapt 7% to 39.24.More...