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

Informatica

03/08/2023 24:28

* Informatica Inc  INFA.N  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended in June. The mean
expectation of fourteen analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue rose 1.1% to $375.99 million from a year ago;
analysts
expected $360.63 million. 
    * Informatica Inc's reported EPS for the quarter was a loss
of 53
cents​.
    * The mean earnings estimate of analysts had fallen by
about 29.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Informatica Inc shares had risen by 3.6% this quarter and
gained 17.6% so far this year.
    * The company reported a quarterly loss of $152.47 million.
    * Wall Street's median 12-month price target for Informatica
Inc
is $20.00 
    * 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 LSEG Refinitiv data
August 2 at 11:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.12           0.17           Beat
 Mar. 31 2023      0.16           0.15           Missed
 Dec. 31 2022      0.21           0.24           Beat
 Sep. 30 2022      0.17           0.18           Beat