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BofA/Merrill Lynch Downgrades Informatica (INFA) to Underperform

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Informatica Reports Third Quarter Revenues of $250.4 Million

October 23, 2014 4:05 PM EDT

Achieves 6 Percent Total Revenue Growth and 52 Percent Subscription Revenue Growth

Third quarter software revenues of $100.6 million, up 1 percent year-over-year Third quarter GAAP earnings per diluted share of $0.21 compared to $0.09 the previous year and non-GAAP earnings per diluted share of $0.34 compared to $0.33 the previous year Signed 21 deals greater than $1 million and 107 deals greater than $300,000 Generated third quarter cash from operations of $41 million and repurchased $71 million of stock

REDWOOD CITY, Calif., Oct. 23, 2014 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:... More