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Informatica beats the Street and touts AI’s potential upside to its business
Aug. 2, 2023, 11:02 p.m. | Paul Gillin
Big Data – SiliconANGLE siliconangle.com
Shares of Informatica Inc. climbed more than 4% in after-hours trading today as a maker of integration software reported revenues and earnings that soundly beat expectations. Revenues rose 1.1% over the same quarter a year ago, to $376 million, which was well above the $360.6 million analysts had expected. Subscription annual recurring revenue, which is […]
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