Informatica (INFA) CFO On Generative A.I. Interface “CLAIRE GPT”

Informatica (INFA) Executive Vice President and CFO Mike McLaughlin joins Caroline Woods to give an overview of the company and discusses its most recent earnings. He talks about how INFA announced a generative A.I. interface “CLAIRE GPT” and expanded partnerships with Oracle (ORCL) and Google (GOOGL). INFA’s 3Q EPS came in at $0.27 versus an estimated $0.22 and revenue came in at $408.56M versus an estimated $401.28M. McLaughlin goes over how INFA is to reduce its global workforce by 10% as part of a restructuring plan. Tune in to find out more about the stock market today.