$Informatica (INFA.US)$sank more than 30% after hours Thursday after the enterprise cloud data-management company missed analyst estimates for its Q4 revenues and issued forward guidance below what the market had been expecting. INFA fell 30.6% to $17.48 shortly after 5:30 p.m. ET after the company reported $428.3 million in quarterly revenue, trailing the $457 million that analysts' consensus estimate reportedly called...
CEO Amit Walia says the company is successfully implementing its strategy of selling only cloud-based software to new customers. He also sees generative AI software for enterprise applications as a natural fit for Informatica's business.
Despite Informatica's muted growth estimates, its P/S ratio matches its industry peers, indicating potential overlooked risks. Low revenue growth could negatively impact sentiment and result in falling share prices.
Insider selling activity and lack of stock purchases raise caution in the company. Despite this, it's crucial to do your own research before investing.
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