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Stock impact report

Informatica Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Informatica Inc. (INFA) 
Company Research Source: Yahoo! Finance
Exceeds mid-point of guidance across all first quarter 2024 metrics REDWOOD CITY, Calif., May 01, 2024 BUSINESS WIRE )--Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its first quarter 2024, ended March 31, 2024. "We achieved strong first quarter results as we continue to execute our cloud-only strategy and have become the AI-powered data management platform for mission-critical operational workloads for enterprises," said Amit Walia, Chief Executive Officer at Informatica. "We continuously innovate and focus on the most impactful initiatives to create value for our customers, partners, and shareholders. Our powerful IDMC platform, CLAIRE AI, expanding ecosystem, cloud modernization program, and increasing scale puts us in a unique position to capitalize on the GenAI revolution and deliver the modern data management stack for enterprises." First Quarter 2024 Financial Highlights: GAAP Total Revenues increased 6.3% y Show less Read more
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