Informatica (INFA) Updates First Quarter 2024 Financial Outlook, Company Not Engaged in Acquisition Discussions

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Informatica Provides Business and Financial Updates

April 22, 2024 9:10 AM EDT

Updates First Quarter 2024 Financial Outlook

Company Not Engaged in Acquisition Discussions

Announces Chief Product Officer Jitesh Ghai Departure

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Informatica (NYSE: INFA), (the Company), an enterprise cloud data management leader, today provided the following business and financial updates.

The Company announced today it is updating its first quarter 2024, ended March 31, 2024, financial outlook. The Company expects GAAP Total Revenues, Subscription ARR, Cloud Subscription ARR and Non-GAAP Operating Income to be all within the upper half of... More