Informatica: Q1 Earnings Insights

Informatica 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.

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.

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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