INFA Stock Recent News

Investors interested in stocks from the Internet - Software sector have probably already heard of eGain (EGAN) and Informatica Inc. (INFA). But which of these two stocks is more attractive to value investors?

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Informatica (NYSE: INFA), an enterprise cloud data management leader, unveiled new product innovations designed to democratize generative AI (GenAI) across the enterprise with secure instantaneous access to data insights. The two product announcements were made at Informatica World currently underway in Las Vegas: Embed GenAI into every facet of data management with CLAIRE GPT Empower users to develop and deploy GenAI applications built on trusted data fou.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Informatica (NYSE: INFA), an enterprise cloud data management leader, unveiled new innovations for the Snowflake Data Cloud: Native SQL ELT to deliver better performance for data pipeline workloads and provide access to 250+ native Snowflake functions and a Blueprint for enterprise-grade generative AI application development for Snowflake Cortex AI based on a foundation of rich metadata, trusted data and no-code orchestration. The announcements were made a.

The heavy selling pressure might have exhausted for Informatica Inc. (INFA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Informatica Inc. (NYSE:INFA ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Victoria Hyde-Dunn - Vice President, Investor Relations Amit Walia - Chief Executive Officer Mike McLaughlin - Chief Financial Officer Conference Call Participants Koji Ikeda - Bank of America Matt Hedberg - RBC Capital Markets Brad Zelnick - Deutsche Bank Andrew Nowinski - Wells Fargo Will Power - Baird Jay Patel - JPMorgan Howard Ma - Guggenheim Securities Joe Vandrick - Scotiabank Tyler Radke - Citi Operator Good afternoon, ladies and gentlemen. Thank you for joining today's Informatica First Quarter 2024 Earnings Conference Call.

Informatica Inc. (INFA) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago.

Amit Walia, Informatica CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI integration, acquisition possibilities and more.

Informatica Inc.'s stock was flat in after-hours trading Wednesday after the software company posted quarterly results.

The company posted revenue of $388.6 million, up 6% from a year ago.

On this Growth Stories Spotlight, Informatica CEO Amit Walia gives us details on how the AI megatrend is boosting cloud computing growth and why being the Switzerland of data is helping the company stand out in the competitive data management landscape.