Informatica (INFA) Reports Prelim. Q2 Results Well Below the Street; Adds $100M to Buyback Plan
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Price: $35.57 +1.08%
Revenue Growth %: +9.3%
Financial Fact:
Total cost of revenues: 43.9M
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +9.3%
Financial Fact:
Total cost of revenues: 43.9M
Today's EPS Names:
LBIX, ESEA, ISS, More
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Informatica's (Nasdaq: INFA) Board is adding $100 million to its buyback program.
The company is also offering preliminary Q2 results. Informatica now sees quarterly sales of $188-$190 million, which compares to the Street estimate of $217.15 million. EPS will be in the range of 27-28 cents, which compares to the Street estimate of 37 cents.
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The company is also offering preliminary Q2 results. Informatica now sees quarterly sales of $188-$190 million, which compares to the Street estimate of $217.15 million. EPS will be in the range of 27-28 cents, which compares to the Street estimate of 37 cents.
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