Previous Close | 30.97 |
Open | 31.02 |
Bid | 31.05 x 900 |
Ask | 31.05 x 800 |
Day's Range | 29.93 - 31.64 |
52 Week Range | 13.29 - 39.80 |
Volume | |
Avg. Volume | 2,177,180 |
Market Cap | 9.244B |
Beta (5Y Monthly) | 1.08 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Informatica Inc. (INFA) delivered earnings and revenue surprises of 10% and 0.95%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Strong Cloud Subscription Growth Drives Performance Beyond Analyst Projections
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.