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Informatica: Q3 Earnings Insights

Informatica (NYSE:INFA) reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Informatica beat estimated earnings by 5.88%, reporting an EPS of $0.18 versus an estimate of $0.17.

INFA

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‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir

On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.  Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings. 

ALTR