Informatica Inc reports results for the quarter ended December 31 - Earnings Summary

Informatica

13/02/2025 22:01

* Informatica Inc  INFA.N  reported quarterly adjusted
earnings of
41 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of sixteen analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 34 cents to 42 cents per share.
    * Revenue fell 3.8% to $428.31 million from a year ago;
analysts
expected $456.85 million. 
    * Informatica Inc's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $9.75
million.
    * Informatica Inc shares had risen by 0.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Informatica Inc
is $34.00 
This summary was machine generated from LSEG data February 13 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.37           0.41           Beat
 Sep. 30 2024      0.30           0.28           Missed
 Jun. 30 2024      0.22           0.23           Beat
 Mar. 31 2024      0.21           0.22           Beat