INFA Earnings Prediction
The chart below shows how INFA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, INFA sees a +2.44% change in stock price 10 days leading up to the earnings, and a -0.31% change 10 days following the report. On the earnings day itself, the stock moves by -1.04%. This data can give you a slight idea of what to expect for the next quarter's release.
INFA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
422.48M
3.41%
5.46%
Gross Margin
73.62%
3.63%
3.12%
Operating Margin
12.42%
56.23%
379.54%
Net Margin
-3.31%
-117.06%
-373.55%
EPS
-0.05
-118.52%
-350.00%
No Data Available
INFA Earnings Analysis
Informatica Inc. Corporation (INFA.N) Earnings Conference Call
Positive
Revenue Growth Momentum: Total revenues grew 3.4% year-over-year, driven by continued customer momentum and consistent execution of a cloud-only consumption-driven strategy.
ARR Growth Exceeds Guidance: Total ARR increased by 6.7% year-over-year, exceeding the midpoint of guidance ranges.
Cloud Subscription Growth: Cloud subscription ARR grew 36% year-over-year, coming in at the high end of guidance ranges.
Operating Income Surge: Non-GAAP operating income increased by 18% year-over-year, exceeding the high end of guidance ranges.
Strong Net Income Performance: Net income was $89 million, reflecting strong performance and a healthy cash position.
Negative
ARR Category Performance: Total ARR falls into three categories: cloud subscriptions, which increased by 36% year-over-year; self-managed subscriptions, which we no longer actively sell and are gradually declining; and maintenance ARR, which was down approximately 7% year-over-year to $463 million, in line with our expectations.
Subscription Renewal Rate Decline: Our quarterly subscription renewal rate was 89%, down 4.7 percentage points year-over-year due to lower self-managed subscription renewal rates, offset by higher cloud subscription renewal rates.
U.S. Revenue Decline: U.S. revenue declined 1% year-over-year to $262 million and represented 62% of total revenue, primarily attributed to the year-over-year decline in self-managed licenses and support services.
Maintenance Revenue Performance: Our maintenance revenue of $115 million represented 27% of total revenue for the quarter, with maintenance ARR down approximately 7% year-over-year, consistent with our expectations.
ARR and Maintenance Decline: Our self-managed ARR is expected to decline about 13%, while we still expect maintenance for the year to decline about 7%.
INFA FAQs
How does INFA typically perform around its earnings report dates?
Is Informatica, Inc. (INFA) Q3 2024 Earnings Call Summary positive or negative?
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INFA Earning Call Sentiment
Informatica, Inc. (INFA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
INFA.N
5.18%Positive
The earnings call summary indicates strong financial performance, particularly in cloud subscription growth and operating income, alongside a positive outlook on medium-term guidance. The new share repurchase authorization is also a positive indicator. The Q&A section did not reveal significant negative concerns, and management expressed confidence in meeting future guidance. Despite a slight decline in some customer segments, the overall sentiment is positive with diversified growth and strong cash position. The company's strategic focus on digital transformation and AI further supports a positive sentiment.
