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Informatica Inc. - INFA STOCK NEWS

Welcome to our dedicated page for Informatica news (Ticker: INFA), a resource for investors and traders seeking the latest updates and insights on Informatica stock.

Informatica Inc. (INFA) is at the forefront of enterprise cloud data management, serving as a pivotal force for data-driven leaders seeking to harness the power of data for intelligent disruption. The company has pioneered a groundbreaking software category known as the Intelligent Data Management Cloud (IDMC). This AI-powered platform is designed to connect, manage, and unify data across various multi-cloud and hybrid systems, enabling enterprises to modernize their data strategies and achieve greater efficiencies.

With a strong focus on innovation, Informatica continues to deliver cutting-edge solutions that empower businesses to make data-driven decisions. The IDMC platform integrates advanced AI and machine learning technologies, providing sophisticated tools for data integration, data quality, data governance, and more. This integrated approach helps organizations to ensure consistency, reliability, and security across their data assets.

Recent achievements include strategic partnerships with leading technology companies and significant advancements in the capabilities of the IDMC platform. Informatica's financial condition remains robust, supported by a steadily growing customer base and continuous innovation in its product offerings. The company consistently invests in research and development to stay ahead of industry trends and address the evolving needs of its clients.

Among its notable products are solutions for master data management, cloud data management, and data engineering. These products are crucial for businesses aiming to optimize their operations through better data insights. Informatica also offers comprehensive support and professional services to help clients implement their data management strategies effectively.

Informatica's commitment to empowering enterprises with intelligent data management solutions positions it as a leader in the industry. As businesses increasingly rely on data to drive decision-making and innovation, Informatica's role in providing the necessary tools and platforms becomes even more significant.

For the latest updates and relevant information about Informatica Inc.'s performance, events, and developments, including recent news and noteworthy initiatives, visit our dedicated news section.

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Informatica, a cloud data management leader, is hosting its annual cloud data management and AI conference, Informatica World, in Las Vegas from May 20-23, 2024. More than 150 industry experts will share insights to empower attendees to prepare for AI. The event will feature a lineup of speakers, including Amit Walia, CEO of Informatica, and sessions on product deep dives, breakouts, roundtables, and a Solutions Pavilion. Additionally, a Summit Series focusing on Data & AI Architecture, Market Insights, and Cloud Modernization will be introduced.

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Informatica reported its First Quarter 2024 Financial Results with positive growth in various metrics like Cloud Subscription ARR, Subscription ARR, and GAAP Total Revenues. The company exceeded the mid-point of guidance across all metrics, showcasing a strong performance. The CEO highlighted the emphasis on the cloud-only strategy, continuous innovation, and focus on creating value for customers, partners, and shareholders. The financial highlights included increased GAAP Total Revenues, Subscription Revenues, Cloud Subscription Revenue, and ARR. The company also achieved significant business milestones like cloud transactions, customer spending levels, and Cloud Subscription Net Retention Rate. Product innovation and industry recognition further boosted the company's profile. The November 2023 restructuring plan aimed at streamlining costs to align with the cloud-only strategy. Informatica provided a positive financial outlook for the Second Quarter and Full-Year 2024, expecting growth in Total Revenues, Subscription ARR, Cloud Subscription ARR, Non-GAAP Operating Income, and Adjusted Unlevered Free Cash Flow.

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Informatica (NYSE: INFA) provided updates on its first quarter 2024 financial outlook, reaffirmed its full-year 2024 financial outlook, and clarified that it is not engaged in acquisition discussions. The Company also announced the departure of Chief Product Officer Jitesh Ghai. Financially, the Company expects robust results with total revenues, subscription ARR, cloud subscription ARR, and non-GAAP operating income exceeding previous guidance. Adjusted unlevered free cash flow is expected to be over 100% of non-GAAP operating income.
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Informatica (INFA) to report financial results for the first quarter 2024 on May 1, 2024. Conference call scheduled to discuss quarterly results.
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Informatica (NYSE: INFA) announces new solutions and expanded partnership with Google Cloud at Google Cloud Next event. The launch of Master Data Management (MDM) Extension for Google Cloud BigQuery aims to provide trusted MDM data for analytics and generative AI applications across industries. The solution reduces onboarding time for high-quality customer master data, enabling rapid development of customer data platform and AI applications on Google Cloud.
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Informatica (INFA) launches AI-powered Intelligent Data Management Cloud™ in Saudi Arabia, supporting the country's digital transformation and Vision 2030 goals. The investment includes a new Point of Delivery in Riyadh, strengthening cloud data management services in the Middle East.
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Informatica (INFA) recognized as a Leader in Gartner's 2024 Magic Quadrant for Augmented Data Quality Solutions. Informatica's Intelligent Data Management Cloud (IDMC) with AI-powered data quality capabilities highlighted. The company's CLAIRE AI engine automates data quality issue identification and fixes at scale.
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Informatica (INFA) partners with Pharmarack, India's leading commerce-to-insights tech company, to implement intelligent Master Data Management on AWS. The aim is to digitize the pharma ecosystem in India, enhance transaction ease, and standardize data catalog quality across the value chain.
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Informatica launches Cloud Data Access Management (CDAM) solution, integrating Privitar acquisition. CDAM ensures data compliance, trust, and security with CLAIRE AI engine. Key features include intuitive policy authoring, automated sensitive data classifications, and integration with Cloud Data Integration and Marketplace. Benefits include accelerated access to trusted data, reduced compliance costs, simplified data controls, and automated self-service access.
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Informatica (INFA) recognized as a Leader in the 2024 Gartner Magic Quadrant for Integration Platform as a Service, Worldwide. Informatica positioned in the Leaders’ Quadrant based on Completeness of Vision and Ability to Execute. The company focuses on innovating integration capabilities to adapt to changing market needs, offering no-code/low-code capabilities and AI-driven automation. Informatica's organic approach ensures seamless integration of all iPaaS services, with a consumption-based pricing model for simplicity and cost-effectiveness.
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FAQ

What is the current stock price of Informatica (INFA)?

The current stock price of Informatica (INFA) is $26.45 as of November 21, 2024.

What is the market cap of Informatica (INFA)?

The market cap of Informatica (INFA) is approximately 8.1B.

What does Informatica Inc. specialize in?

Informatica Inc. specializes in enterprise cloud data management, providing tools and platforms to manage and unify data across multi-cloud and hybrid systems.

What is the Intelligent Data Management Cloud (IDMC)?

The Intelligent Data Management Cloud (IDMC) is an AI-powered platform developed by Informatica to connect, manage, and unify data across various systems.

How does Informatica support data-driven decision-making?

Informatica offers advanced AI and machine learning tools within its IDMC platform to enhance data integration, quality, and governance, aiding in data-driven decision-making.

What are some of Informatica's key products?

Informatica's key products include solutions for master data management, cloud data management, and data engineering.

How is Informatica's financial condition?

Informatica maintains a robust financial condition, supported by a growing customer base and continuous innovation in its product offerings.

What recent achievements has Informatica made?

Informatica has formed strategic partnerships with leading technology companies and made significant advancements in its Intelligent Data Management Cloud platform.

How does Informatica ensure data security?

Informatica integrates comprehensive data governance measures within its platforms to ensure consistency, reliability, and security of data assets.

Why is Informatica considered a leader in its industry?

Informatica is considered a leader due to its innovative solutions in enterprise cloud data management and its ability to adapt to evolving business needs.

What recent news is available about Informatica Inc.?

For the latest news on Informatica Inc., including performance updates, events, and developments, visit our dedicated news section.

How does Informatica help businesses modernize their data strategies?

Informatica helps businesses modernize their data strategies by providing AI-powered tools and platforms that enhance data integration, quality, and governance.

Informatica Inc.

NYSE:INFA

INFA Rankings

INFA Stock Data

8.13B
157.53M
2.08%
96.61%
1.78%
Software - Infrastructure
Services-prepackaged Software
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United States of America
REDWOOD CITY