Informatica plunges 33% on revenue miss, citing ‘internal issues,’ but says underlying business is strong

Amit Walia, CEO of Informatica, talks with theCUBE about AI and customer initiatives. Informatica
Informatica Inc.’s supply dropped greater than 33% in after-hours trading after the information combination business reported lower-than-expected profits in the 4th quarter. Informatica condemned inner sales problems and clients’ extra quick than anticipated movement to the cloud, which struck upkeep profits. Income dropped almost 4% from a year earlier, to $428.3 million, listed below agreement price quotes […]

The message Informatica plunges 33% on revenue miss, citing ‘internal issues,’ but says underlying business is strong showed up initially on SiliconANGLE.

发布者:Paul Gillin,转转请注明出处:https://robotalks.cn/informatica-plunges-33-on-revenue-miss-citing-internal-issues-but-says-underlying-business-is-strong/

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