Informatica’s Earnings Edge Past Estimates. Its CEO Is Staying Mum on M&A Talk.
Informatica on Wednesday posted first-quarter financial results that were slightly ahead of consensus estimates, while repeating its financial forecasts for the full year. In late trading, Informatica shares were down 3.2%, at $29.85. For the March quarter, Informatica posted revenue of $388.6 million, up 6% from a year ago, in the middle of the range of $375 million to $395 management had forecast.