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News Breaks
October 4, 2012
07:42 EDTINFAInformatica revenue shortfall in European ops negatively impacting Q3 EPS by 2c
CEO Sohaib Abbasi commented: "While overall customer demand for our products increased from Q2 to Q3 of 2012, most of our revenue shortfall in Q3 was in Europe, where we fell well short of our own expectations. Despite improving operational results in the U.S. and Asia Pacific relative to our Q2 of 2012 results, the disappointing European results reflect continued operational challenges that we are taking aggressive steps to address. Under our new worldwide sales leader, we remain focused on implementing the changes necessary to pursue our market opportunity." CFO Earl Fry commented: "As we have previously stated, our tax rate is very sensitive to the geographic mix of business."
News For INFA From The Last 14 Days
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October 24, 2014
10:03 EDTINFAOn The Fly: Analyst Downgrade Summary
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06:55 EDTINFAInformatica downgraded at BofA/Merrill
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06:49 EDTINFAInformatica downgraded to Underperform from Neutral at BofA/Merrill
October 23, 2014
17:30 EDTINFAInformatica down 5.6% following Q3 results
17:27 EDTINFAInformatica tightens FY14 EPS view to $1.53-$1.58M, consensus $1.55
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17:26 EDTINFAInformatica sees Q4 EPS 49c-54c, consensus 52c
Sees Q4 revenue $290M-$305M, consensus $299.55M. Sees Q4 hiring to taper a bit from Q3. CFO says Q4 outlook "remains essentially intact." Guidance provided during Q3 earnings conference call.
16:24 EDTINFAInformatica names Michael Berry as CFO
Informatica announced Michael Berry will be joining the company as executive vice president and CFO on November 1. Berry succeeds Earl Fry as CFO of Informatica. Fry will help in the CFO transition and, increasingly, devote his attention to his new role as chief customer officer and executive vice president, Operations Strategy. Berry is currently a Member of the Board of Directors and Audit Committee Chairman for Rapid7.
16:22 EDTINFAInformatica reports Q3 EPS 34c, consensus 33c
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15:30 EDTINFANotable companies reporting after market close
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