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

Informatica

08/02/2023 22:40

* Informatica Inc  INFA.N  reported quarterly adjusted
earnings of
24 cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue fell 1.9% to $398.78 million from a year ago;
analysts
expected $404.17 million. 
    * Informatica Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Informatica Inc shares had risen by 14.1% this quarter.
    * The company reported a quarterly loss of $4.38 million.
    * Wall Street's median 12-month price target for Informatica
Inc
is $21.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
8 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.24           Beat
 Sep. 30 2022      0.17           0.18           Beat
 Jun. 30 2022      0.08           0.16           Beat
 Mar. 31 2022      0.14           0.20           Beat