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Source: Investor's Business Daily
Author: Brian Deagon
CommVault (CVLT) blew past analyst views in Q1, and its CEO said the data management software maker is taking market share from larger rivals Symantec (SYMC), IBM (IBM) and EMC (EMC).
CommVault's shares jumped 6.2% Tuesday after it reported that per-share profit minus items nearly doubled for its fiscal first quarter ended June 30.