Informatica Q1 Profit Matches Estimates - Quick Facts

(RTTNews) - Informatica Corporation (INFA), an independent provider of enterprise data integration software and services, reported first-quarter net income of $21.6 million or $0.20 per share, compared to $24.8 million or $0.22 per share, prior year. Adjusted earnings per share was $0.34, for the quarter.

On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.34 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $250.54 million from $243.10 million last year. Analysts expected revenue of $257.66 million for the quarter. Software revenues were $103.7 million, an increase of 1 percent from $103.0 million in the first quarter of 2014, and up 5 percent on a constant currency basis.