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INFA - Informatica Inc.: Growth Should Accelerate From Here
February, 25 2024 08:07 AM
Informatica Inc. Class A
2024-02-25 08:07:56 ET
Summary Informatica Inc. is recommended as a buy due to expected growth acceleration from cloud revenue and increased penetration of large customers. Recent results show strong performance, with subscription revenue growing 26% and cloud ARR growing 37% year-over-year. As the transition from legacy to cloud reaches an inflection point, INFA is expected to capture more market share and improve margins.
Overview For further details see:
Informatica Inc.: Growth Should Accelerate From Here
Stock Information
Company Name:
Informatica Inc. Class A
Stock Symbol:
INFA
Market:
NYSE
Website:
informatica.com
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