Informatica reports Q3 adjusted EPS 27c, consensus 23c

Reports Q3 revenue $408.563M, consensus $401.53M. “Q3 represented another strong step forward as we accelerate our cloud-only, consumption-driven strategy. Our team delivered another quarter exceeding guidance for the top and bottom line as we help customers increase productivity, drive efficiency, and become AI-led, data-driven companies,” said Amit Walia, Chief Executive Officer at Informatica. “We continue to accelerate our innovation-led cloud transformation to make IDMC, powered by our AI engine CLAIRE, the data management platform of choice for enterprises across the globe as they build their modern data architecture to drive their AI-driven digital transformation.”