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Thursday, October 4, 2012

Informatica (INFA) Issues Q3 2012 Guidance Below Analysts' Estimates

  • On August 6, 2015, Informatica announced completion of acquisition with Microsoft and Salesforce Ventures joined as strategic investors. The company's stock ceased trading on the NASDAQ under the ticker symbol INFA effective on the same date.
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Informatica Corp. (INFA), a maker of data-integration software, expects third-quarter results to fall short of consensus estimates due to disappointing results in Europe. Shares fell 18% to $27.49 premarket.

** daily - Heikin-Ashi **
 ** weekly **



 Informatica Corp announced that for third quarter of 2012, it expects total revenues to be in the range of $189 million to $191 million. License revenues are expected to be in the range of $65 million to $67 million and service revenues are expected to be in the range of $123 million to $125 million. Earnings per share (EPS) for the third quarter of 2012, calculated in accordance with U.S. generally accepted accounting principles (GAAP) are expected to be in the range of $0.13 to $0.15 per diluted share. Non-GAAP earnings per share for the third quarter of 2012 are expected to be in the range of $0.25 to $0.27 per diluted share. Non-GAAP earnings per diluted share exclude approximately $0.12 per share in charges and tax benefits related to the amortization of acquired technology and intangible assets, facilities acquisition-related adjustments and stock-based compensation. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $201 million and EPS of $0.34 for third quarter of 2012.

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