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139 Commvault Shares Drop On Growth Slowdown

The Information
Anita Ramaswamy @ The Information 3 place · today 13:06 EDT

Data backup and recovery software firm Commvault’s stock slid 16% in the hours following its announcement that its revenue growth slowed to 11% year-over-year, representing $314 million in sales, in the July quarter compared to a year-over-year rate of 13% in the previous quarter. Still, ...

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