Informatica Inc. (INFA) Q4 2024 Earnings Call Transcript
Informatica Inc. (NYSE:INFA ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Victoria Hyde-Dunn - Vice President, Investor Relations Amit Walia - Chief Executive Officer Mike McLaughlin - Chief Financial Officer Conference Call Participants Alex Zukin - Wolfe Research Koji Ikeda - Bank of America Matt Hedberg - RBC Brad Zelnick - Deutsche Bank Howard Ma - Guggenheim Securities Joe Vandrick - Scotiabank Miller Jump - Truist Austin Dietz - UBS Operator Good afternoon, and thank you for joining the Informatica Inc. Fiscal Q4 2024 Call. My name is Kate and I will be the moderator for today's call.
Informatica Inc. (INFA) Q4 Earnings Beat Estimates
Informatica Inc. (INFA) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.32 per share a year ago.
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Apax Partners is the front runner to buy Italian IT solutions provider Quid Informatica, two sources close to the matter said on Thursday, after the private equity firm last week bought the IT assets of Milan-based digital bank illimity
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Informatica, Inc. (INFA) Q3 2024 Earnings Call Transcript
Informatica, Inc. (NYSE:INFA ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Victoria Hyde-Dunn - VP, IR Amit Walia - CEO Mike McLaughlin - CFO Conference Call Participants Koji Ikeda - Bank of America Merrill Lynch Will Power - Baird Matt Hedberg - RBC Jaiden Patel - JPMorgan Tyler Redke - Citi Patrick Colville - Scotiabank Operator Good afternoon, and thank you for attending today's Informatica Inc. Fiscal Year Third Quarter 2024 Conference Call. My name is Cameron and I will be your moderator for today.
Informatica Inc. (INFA) Lags Q3 Earnings Estimates
Informatica Inc. (INFA) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.27 per share a year ago.
Informatica Inc. (INFA) Q2 2024 Earnings Call Transcript
Informatica Inc. (NYSE:INFA ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Victoria Hyde-Dunn - Vice President, Investor Relations Amit Walia - Chief Executive Officer Mike McLaughlin - Chief Financial Officer Conference Call Participants Matt Hedberg - RBC Kash Rangan - Goldman Sach Koji Ikeda - Bank of America Andrew Nowinski - Wells Fargo Pinjalim Bora - JPMorgan Will Power - Baird Howard Ma - Guggenheim Patrick Colville - Scotiabank Operator Good afternoon. Thank you for joining today's Informatica Fiscal and Q2 2024 Lender Call.
Informatica Inc. (INFA) Q2 Earnings Top Estimates
Informatica Inc. (INFA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.17 per share a year ago.
Is Informatica Stock A Good Buy Ahead Of Its Q2 Results
Informatica's stock has had a volatile year, initially surging on takeover speculation but now down -14% YTD. INFA's upcoming Q2 results, due to be announced on the 30th of July could determine the next course of action for the share price. We cover the major sub-plots surrounding INFA's earnings.
Meridian Wealth Management LLC Purchases Shares of 7,557 Informatica Inc. (NYSE:INFA)
Meridian Wealth Management LLC acquired a new stake in shares of Informatica Inc. (NYSE:INFA – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,557 shares of the technology company’s stock, valued at approximately $215,000. Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in Informatica by 2.3% during the third quarter. Bank of New York Mellon Corp now owns 167,939 shares of the technology company’s stock valued at $3,538,000 after acquiring an additional 3,754 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Informatica by 82.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 96,682 shares of the technology company’s stock worth $2,037,000 after purchasing an additional 43,658 shares during the period. Victory Capital Management Inc. lifted its stake in Informatica by 4.7% in the third quarter. Victory Capital Management Inc. now owns 12,600 shares of the technology company’s stock worth $265,000 after purchasing an additional 562 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in Informatica in the third quarter worth $340,000. Finally, Swiss National Bank grew its stake in shares of Informatica by 1.9% during the third quarter. Swiss National Bank now owns 79,900 shares of the technology company’s stock valued at $1,683,000 after buying an additional 1,500 shares during the last quarter. 98.45% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, EVP John Arthur Schweitzer sold 65,709 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $32.04, for a total transaction of $2,105,316.36. Following the sale, the executive vice president now owns 496,854 shares in the company, valued at approximately $15,919,202.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CAO Mark Pellowski sold 10,026 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $35.51, for a total value of $356,023.26. Following the sale, the chief accounting officer now owns 150,937 shares in the company, valued at approximately $5,359,772.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Arthur Schweitzer sold 65,709 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $32.04, for a total value of $2,105,316.36. Following the transaction, the executive vice president now directly owns 496,854 shares of the company’s stock, valued at approximately $15,919,202.16. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 157,604 shares of company stock worth $5,323,297. 48.10% of the stock is owned by corporate insiders. Informatica Price Performance Shares of INFA opened at $29.52 on Monday. Informatica Inc. has a one year low of $15.73 and a one year high of $39.80. The company has a 50-day simple moving average of $33.57 and a two-hundred day simple moving average of $30.27. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.90 and a current ratio of 1.90. Wall Street Analyst Weigh In INFA has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on Informatica from $33.00 to $38.00 and gave the company an “overweight” rating in a research note on Thursday, February 15th. Guggenheim reaffirmed a “buy” rating and issued a $37.00 target price on shares of Informatica in a research note on Tuesday, April 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $41.00 price target on shares of Informatica in a report on Monday, April 15th. Robert W. Baird assumed coverage on shares of Informatica in a report on Tuesday, April 2nd. They issued an “outperform” rating and a $43.00 price target on the stock. Finally, Wells Fargo & Company decreased their price objective on shares of Informatica from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 23rd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Informatica currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.45. Read Our Latest Report on Informatica About Informatica (Free Report) Informatica Inc develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. Its platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality and observability products to profile, cleanse, standardize, observe, and monitor data to deliver accurate, complete, and consistent data; and master data management products to create an authoritative single source of truth of business-critical data. 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