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

Informatica

03/05/2023 22:02

* Informatica Inc  INFA.N  reported quarterly adjusted
earnings of
15 cents​​ per share for the quarter ended in March. The mean
expectation of fourteen analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 0.9% to $365.43 million from a year ago;
analysts
expected $358.22 million. 
    * Informatica Inc's reported EPS for the quarter was a loss
of 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Informatica Inc shares had fallen by 7.8% this quarter and
lost 7.2% so far this year.
    * The company reported a quarterly loss of $116.35 million.
    * Wall Street's median 12-month price target for Informatica
Inc
is $21.00 
    * 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 May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.16           0.15           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