From Barchart: 2025-02-14 12:27:00

Informatica (NYSE: INFA) shares plummeted over 30% after reporting fourth-quarter revenue of $428.3 million, missing analyst expectations of $456.86 million. Despite beating earnings estimates with $0.41 per share, the company faced lower renewal rates and a shift towards shorter-duration subscriptions, impacting upfront revenue recognition by $46 million.

Cloud Subscription Annual Recurring Revenue (ARR) increased 34% to $827.3 million, falling short of company guidance by $8.7 million due to weaker renewals and new bookings. Full-year 2024 revenue grew 2.8% to $1.64 billion, with a 2025 revenue outlook of $1.67 billion to $1.72 billion, representing 3.4% growth.

Informatica must address Q4 challenges and reassure investors amidst concerns over cloud subscription momentum. The company faces pressure to regain investor confidence and demonstrate its ability to scale cloud-based revenues in the upcoming year.



Read more at Barchart:: Informatica Plunges 25% as Q4 Revenue Miss Sparks …