Informatica Corp. (NASDAQ:INFA) is expected to report Q2 earnings after the market close on Thursday, July 23 with a conference call scheduled for 5 pm ET.
The consensus estimate is 19c for EPS and $117.73M for revenue, according to First Call.
Roth Capital believes that the positive trends Informatica saw in late March continued through the June quarter, making an upside scenario likely; looking forward to next year, they expect that the new version 9 product will be a positive driver. Roth estimates Q2 revenue at $119M, slightly above consensus. The firm is also modeling $49M in license fees, $53.5M of maintenance revenue, and $16.5M of consulting revenue. Roth's pro-forma EPS estimate of 20c is a penny above consensus. For Q3, the firm is modeling revenue of $120M and 20c in EPS, versus consensus of $121.34M and 20c. Key issues for the conference call: any commentary regarding outlook or guidance; prospects for $1M-plus deals; commentary on competition from IBM (NYSE:IBM), and prospects for stronger future competition from Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL), and SAP (NYSE:SAP). Broadpoint AmTech's checks around the beginning of July indicated Informatica ended Q2 on a positive note. The firm believes the company could top expectations in Q2.