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

• Informatica Inc INFA.N reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of sixteen analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 20 cents to 30 cents per share.

• Revenue rose 3.9% to $403.90 million from a year ago; analysts expected $392.00 million.

• Informatica Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $1.34 million.

• Informatica Inc shares had risen by 7.3% this quarter and lost 27.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

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

• Wall Street's median 12-month price target for Informatica Inc is $20.00

This summary was machine generated from LSEG data May 8 at 01:30 a.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)