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Informatica (INFA) warns it expects Q2 revenue of $188M-$190M and EPS of $0.27-$0.28, well below...
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Thursday, July 5, 2012, 4:31 PM ETInformatica (INFA) warns it expects Q2 revenue of $188M-$190M and EPS of $0.27-$0.28, well below a consensus of $217.2M and $0.37. Informatica, which had already issued disappointing Q2 guidance, only blames macro issues centered around Europe. The data warehousing software vendor also says it's implementing a new $100M stock buyback, and that Worldwide Field Operations chief Paul Hoffman will retire by year's end. Shares are halted, and will resume trading at 4:45 PM ET.
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