Earnings Preview: Informatica Corp.

Oct.22.09 | About: Informatica Corporation (INFA)

Informatica Corp. (NASDAQ:INFA) is expected to report Q3 earnings after the market close on Thursday, October 22 with a conference call scheduled for 5 pm ET.

Guidance

The consensus estimate is 20c for EPS and $119.92M for revenue, according to First Call.

Analyst Views

Roth Capital thinks Informatica is enjoying a positive inflection in its business and should handily beat consensus. Roth's checks have been very positive both on the quarter's start and close. The firm is estimating Q3 revenue at $121M, license revenue of $48M, services revenue of $73M, and fully-diluted non-GAAP EPS of 21c. Roth Capital envisions upside versus their above-consensus estimates. Looking forward: Roth estimates Q4 revenue of $137M, nearly $2M above consensus of $135.5M, and non-GAAP EPS of 27c, in-line with consensus. For FY10, Roth estimates revenue of $544M, well above consensus of $536.92M, and non-GAAP EPS of 98c versus consensus of 96c.

Note: not all analyst estimates yet incorporate contribution from the company's Q3 acquisition of AgentLogic. On the conference call: investors will look for details of any forward guidance, commentary on Informatica's big-deal dependence and strong competition from Intel (NASDAQ:INTC), and prospects for stronger future competition from Microsoft (NASDAQ:MSFT). Informatica has also been the subject of takeover speculation, investors will be keen to hear management's stance on a buy-out, consolidation in the space.