Seeking Alpha

Informatica issues in-line guidance, launches $100M buyback

  • Informatica (INFA) has guided on its Q4 CC for Q1 revenue of $235M-$245M and EPS of $0.32-$0.35, in-line with a consensus of $240.6M and $0.33.
  • The data warehousing software firm has also announced a $100M buyback; at current levels, the buyback is good for repurchasing 2% of outstanding shares.
  • Software revenue (drives future services revenue) rose 19% Y/Y, slightly better than total revenue growth of 18%. Informatica's deferred revenue balance rose 19% Y/Y to $298.1M.
  • INFA -0.9% AH, giving back its initial AH gains. Shares had rallied in the weeks going to the report, aided by positive sell-side commentary.
  • Q4 results, PR
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|