CommVault Systems: strong position in cloud security
CommVault Systems $CVLT-0.9% is a major cloud security platform focused on protecting digital assets and monitoring cloud data through a centralized dashboard. With a market capitalization of $5 billion and a price-to-earnings (P/E) ratio of 30.5, it is a major player in the cloud security space.
Financial performance:
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Last year was a very good year for the company. It got into positive profitability and the stock, of course, responded quickly. The future also looks promising. Both revenue and earnings per share are expected to grow, according to analysts' forecasts.