Informatica (INFA) warns it expects Q2 revenue of $188M-$190M and EPS of $0.27-$0.28, well below...


Informatica (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.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs