Informatica Sees Q2 2024 Revenue $394M-$410M Vs $401.43M Estimate

Informatica Inc. Delist

Informatica Inc.

INFA

24.79

Delist

Second Quarter 2024 Ending June 30, 2024:

  • GAAP Total Revenues are expected to be in the range of $394 million to $410 million, representing approximately 6.9% year-over-year growth at the midpoint of the range.
  • Subscription ARR is expected to be in the range of $1.168 billion to $1.188 billion, representing approximately 13.0% year-over-year growth at the midpoint of the range.
  • Cloud Subscription ARR is expected to be in the range of $687 million to $697 million, representing approximately 35.0% year-over-year growth at the midpoint of the range.
  • Non-GAAP Operating Income is expected to be in the range of $107 million to $119 million, representing approximately 29.1% year-over-year growth at the midpoint of the range.
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