Informatica Inc Stock Price, News & Analysis

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.

Informatica (NYSE: INFA) released findings from its 2021 Global CDO Survey, highlighting challenges in data management as companies face fragmentation and complexity. Nearly 80% of organizations have over half their data in hybrid and multi-cloud infrastructures, with 37% of data leaders struggling with data complexity. The survey reveals that organizations with higher data maturity generate 250% more business value. Successful firms operationalize AI for data management, while 75% lack a complete architecture for end-to-end data activities. The report emphasizes the significance of integrated data management for digital transformation.

Informatica (NYSE: INFA) announced its Intelligent Data Management Cloud platform has been awarded the 2021 New Product of the Year by the Business Intelligence Group. Launched in April, IDMC manages data across multiple systems and clouds, processing 23 trillion transactions monthly. This recognition reflects the platform's rapid adoption and effectiveness in addressing data management challenges, with an aim to facilitate data-driven decision-making for businesses. Chief Product Officer Jitesh Ghai highlighted the importance of accessible data intelligence for competitive advantage.

Informatica (NYSE: INFA) announced a significant expansion of its partnership with Databricks, unveiling a new cloud-native integration designed to democratize data access. The Intelligent Data Management Cloud (IDMC) now features low-code, no-code data integration, enabling users to leverage Databricks' Lakehouse Platform effectively. Key capabilities include rapid data loading and simplified data access for business users, enhancing data-led digital transformation. This integration was showcased at AWS re:Invent, highlighting Informatica's commitment to empowering enterprises through advanced data management solutions.

Informatica (NYSE: INFA) announced a new solution to enhance access to cloud data lakes on Amazon Web Services (AWS) at the AWS re:Invent conference. The Axon Data Marketplace will allow business users to securely interact with data from AWS Lake Formation, enabling efficient decision-making. The Informatica Axon Data Governance leverages AI to improve data quality and access while ensuring compliance with data management policies. Informatica is also part of AWS migration programs, aiding in the acceleration of data workloads to AWS.

Informatica (NYSE: INFA) reported strong Q3 2021 results with total revenues of $361.8 million, an 11% year-over-year increase. Subscription ARR grew 36% to $736 million, while cloud ARR surged 44% to $287 million. The company achieved a subscription net retention rate of 116%. Informatica's IPO raised $915.7 million in net proceeds, reducing gross debt to $1.875 billion. For Q4 2021, the company expects revenues between $393.5 million and $398.5 million, with subscription ARR projected to grow approximately 31% year-over-year.

Informatica (NYSE: INFA), a leader in enterprise cloud data management, announced its participation in three upcoming investor conferences. On December 1, 2021, it will present at the Credit Suisse 25th Annual Technology Conference at 3:05 p.m. MT / 5:05 p.m. ET. The following day, December 2, 2021, Informatica will present at the Wells Fargo 5th Annual Virtual TMT Summit at 9:40 a.m. PT / 12:40 p.m. ET. Finally, on December 8, 2021, it will participate in the UBS Global TMT Virtual Conference at 11:00 a.m. PT / 2:00 p.m. ET. A live webcast of each presentation will be available on its investor relations website.