Informatica (NYSE:INFA) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.64b (up 2.8% from FY 2023).
• Net income: US$9.93m (up from US$125.3m loss in FY 2023).
• Profit margin: 0.6% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: US$0.033 (up from US$0.43 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Informatica Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 74%.

In the last 12 months, the only revenue segment was Software & Programming contributing US$1.64b. The largest operating expense was Sales & Marketing costs, amounting to US$552.1m (42% of total expenses). Explore how INFA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 22% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Informatica's balance sheet.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.