Informatica Inc Stock Price, News & Analysis

Informatica reported robust Q4 and FY 2021 results, with total revenues of $406.7 million for Q4, up 8% YoY, and $1.4 billion for the year, a 9% increase. Subscription revenues surged 23% to $229.7 million in Q4 and 26% to $747.7 million for the year. Total ARR reached $1.4 billion, marking a 17% YoY rise. The company anticipates Q1 2022 revenues of $357.0 to $367.0 million, projecting 8% growth, while full-year 2022 revenue guidance ranges from $1.585 to $1.605 billion. Informatica continues to innovate, launching new products and achieving significant customer engagement, with a subscription net retention rate of 114%.

Informatica has achieved the FedRAMP Moderate Level designation for its Intelligent Cloud Services (IICS), enabling U.S. government agencies to access secure, governed data for analytics and modernization efforts. This certification allows agencies to catalog and integrate data across multiple clouds and on-premises systems efficiently. IICS, powered by AI and microservices, meets stringent global security standards and addresses regulatory compliance. This designation strengthens decision-making and enhances the digital experiences for government employees and citizens alike.

Informatica (NYSE: INFA) announced the launch of a new UK Point of Delivery (PoD) for its Intelligent Data Management Cloud (IDMC), responding to increasing demand for data sovereignty in the UK. Following Brexit, many organizations face complex data privacy regulations, making UK-hosted cloud services appealing. The IDMC enables businesses to manage data securely while maximizing digital transformation benefits. The new PoD supports a wide range of services, including the Cloud Data Marketplace, enhancing data sharing and decision-making capabilities.

Informatica (NYSE: INFA) has been named to CRN's annual Cloud 100 list, recognizing the top 100 cloud companies for 2022. This accolade highlights Informatica's innovations in cloud technology and its commitment to channel partners. Since going public, Informatica has developed the Intelligent Data Management Cloud (IDMC) platform, which has contributed to a 40% average year-over-year growth in Cloud ARR. The recognition underscores Informatica's successful partnerships with major cloud providers and global consultancy firms.

Informatica (NYSE: INFA) announced a partnership with Hackensack Meridian Health, New Jersey's comprehensive healthcare network, to enhance patient care through data management solutions. Hackensack Meridian Health will utilize Informatica's Data Integration, Quality, and Management solutions to consolidate patient data from various electronic medical record systems into a centralized repository. This integration aims to improve data visibility and governance, enabling better insights into patient care needs and service expansion in specific areas.

Informatica (NYSE: INFA) has appointed Jim Kruger as Executive Vice President and Chief Marketing Officer. Previously at Veeam Software, Kruger has 25 years of experience in driving demand-generation and brand equity in enterprise software. CEO Amit Walia expressed excitement over Kruger's leadership and expertise, which is expected to enhance Informatica's cloud growth strategy and strengthen its market position. Informatica's Intelligent Data Management Cloud (IDMC) has gained recognition as a leading product in cloud data management, aligning with the company's goal to support businesses in their data-driven transformations.

Informatica (NYSE: INFA) will announce its financial results for Q4 and full-year 2021 on February 16, 2022, after U.S. market close. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss these results. Informatica is a leader in enterprise cloud data management, serving over 5,000 customers globally, including 84 of the Fortune 100. The company focuses on harnessing data's transformative power through its Intelligent Data Management Cloud (IDMC) platform, which supports modern data strategies across various cloud environments.

Informatica (NYSE: INFA) received a Strong rating in the 2021 Gartner Vendor Rating report across multiple categories, including Strategy and Products, showing improved performance in Technology/Methodology. The company also earned Positive ratings in Support/Account Management, Pricing Structure, and Corporate Viability. According to Chief Product Officer Jitesh Ghai, this recognition underlines Informatica's dedication to innovation in cloud-native data management solutions, crucial for customers' digital transformation efforts.

Informatica (NYSE: INFA) has been recognized as a Leader for the sixth time in the December 2021 Gartner Magic Quadrant for Master Data Management Solutions. The company is positioned highest for "Ability to Execute" and furthest for "Completeness of Vision." Informatica scored highest in all five use cases outlined in Gartner's Critical Capabilities report: B2C and B2B Customer Data, Buy-Side and Sell-Side Product Data, and Multidomain MDM. This recognition underscores Informatica's commitment to innovation and its ability to deliver comprehensive data management solutions.