Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Informatica ( (INFA) ) has provided an announcement.
On February 10, 2025, Brian Ruder resigned from Informatica’s Board of Directors, and Alex Vander Linde was appointed as a new director, nominated by Permira. Informatica reported its financial results for the fourth quarter and full-year 2024, highlighting a 34% increase in Cloud Subscription ARR. The company faced challenges in the fourth quarter, including lower renewal rates and revenue impacts due to currency fluctuations. Despite these challenges, Informatica aims to reach $1 billion in Cloud Subscription ARR by the end of 2025. The company is recognized for its leadership in data management and innovation, expanding partnerships and launching new products in the AI and cloud spaces.
More about Informatica
Informatica is a leader in enterprise cloud data management, focusing on cloud subscription services and data integration tools. The company operates in the technology sector, providing innovative solutions for data governance, analytics, and management.
YTD Price Performance: 2.51%
Average Trading Volume: 1,574,459
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.12B
For detailed information about INFA stock, go to TipRanks’ Stock Analysis page.
