Informatica (INFA) Reports Prelim. Q2 Results Well Below the Street; Adds $100M to Buyback Plan

July 5, 2012 4:17 PM EDT
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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Guidance, Hot Guidance, Stock Buybacks, Trading Halts