Informatica Q4 2023 Adj EPS $0.32 Beats $0.30 Estimate, Sales $445.18M Beat $432.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Informatica (NYSE:INFA) reported Q4 2023 adjusted EPS of $0.32, surpassing the $0.30 estimate, with sales of $445.18M exceeding the $432.21M estimate, marking an 11.63% increase from the previous year.
February 14, 2024 | 9:09 pm
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Informatica reported a strong Q4 2023 with adjusted EPS of $0.32 and sales of $445.18M, both surpassing analyst estimates and showing significant year-over-year growth.
Informatica's Q4 2023 performance exceeded analyst expectations in both EPS and sales, indicating strong financial health and operational efficiency. The significant year-over-year sales growth further underscores the company's positive trajectory. This outperformance is likely to instill investor confidence and could lead to a short-term uptick in INFA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100