Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The latest announcement is out from Informatica ( (INFA) ).
Informatica, a leader in cloud data management, reported strong third-quarter 2024 results with a 36% increase in Cloud Subscription ARR to $748 million and a total ARR growth of 6.7% year-over-year to $1.68 billion, driven by robust demand for its AI-powered services. The company achieved a milestone by processing over 101 trillion cloud transactions monthly, reflecting its commitment to innovation. Informatica also announced a $400 million share repurchase plan and provided optimistic revenue guidance for the fourth quarter and full-year 2024.
Learn more about INFA stock on TipRanks’ Stock Analysis page.
