Informatica Inc. (INFA) Meets Q1 Earnings Estimates

Informatica Inc. (INFA) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.22 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of$0.41, delivering a surprise of 7.89%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings ...