Informatica: Q1 Earnings Insights

Informatica (NYSE:INFA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what investors…

Informatica (NYSE:INFA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Informatica missed estimated earnings by 6.25%, reporting an EPS of $0.15 versus an estimate of $0.16.

Revenue was up $3.08 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.31% increase in the share price the next day.

Here’s a look at Informatica’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 0.17 0.08 0.14
EPS Actual 0.24 0.18 0.16 0.20
Revenue Estimate 404.17M 390.17M 364.72M 363.80M
Revenue Actual 398.78M 371.95M 372.04M 362.35M

To track all earnings releases for Informatica visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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