Informatica (INFA) CFO On Driving Digital Transformation & Earnings

Informatica (INFA) earnings report indicated $0.18 in EPS and $371.95M in revenue. Subscription Annual Recurring Revenue or ARR growth of 27% exceeded the high end of the guidance range. Number of customers spending $1M+ in subscription ARR increased to 191 and was up 50% year-over-year. Informatica is an American software development company. "Informatica is the leader in cloud data management and is driving the digital transformation," says CFO Eric Brown.