Informatica Corp (INFA) revealed Loss for fourth quarter that decreased from last year but missed the Street estimates.
The company's earnings came in at -$4.4 million, or -$0.02 per share. This compares with -$66.3 million, or -$0.25 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.9% to $398.8 million from $406.7 million last year.
Informatica Corp earnings at a glance (GAAP) :
-Earnings (Q4): -$4.4 Mln. vs. -$66.3 Mln. last year.
-EPS (Q4): -$0.02 vs. -$0.25 last year.
-Analyst Estimates: $0.21
-Revenue (Q4): $398.8 Mln vs. $406.7 Mln last year.
-Guidance:
Next quarter revenue guidance: $352-$362 mln
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