Data integration solutions provider Informatica released its financial results for the fourth quarter ended Dec 31, 2011. The company’s latest has been its best quarter to date, with the highest figures since Informatica’s launch spread across several different bulletins.
The software maker announced GAAP earnings of $0.38 per share and $0.47 none-GAAP on revenue of $227 million. Sales increased 15 percent from the same period last year. Total revenue for fiscal year 2011 was $783 million, up 21 percent from 2010.
Sales of new licenses generated Informatica $112 million in the past quarter, 12 percent more than last year. This is yet another record.”
Chairman and CEO Sohaib Abbasi issued a statement about his company’s growth in Q4.
“Our singular mission, focused growth strategy, clear vision and the team’s operational discipline have driven sustained record results over the past seven years,” he said. “With the increasingly critical role of our expansive data integration platform and the emerging opportunities driven by the secular megatrends of cloud computing and big data, Informatica is well-positioned for our long-term growth plans.”
Informatica hasn’t been lying idly in the past few months, with a couple of product announcements to fuel the growth it has been achieving so far. This edition of its software is Cloud Winter 2012, launched in November last year. One of the biggest enhancements is greater openness: partners can develop ‘templates’ that integrate their own offerings into the platform using the Informatica Cloud Rapid Connectivity Framework.
Earlier, Informatica revealed its Hadoop data parsing solution. HPraser debuted just a couple weeks prior to Cloud Winter 2012, and is designed to boost big data analytics deployments by making Hadoop’s job of munching massive datasets somewhat easier. The tool structures some of the data upfront in order to reduce the workload.
Latest posts by Maria Deutscher (see all)
- Report: Nokia to lay off 10,000-15,000 workers - May 24, 2016
- Pattern gets $2.5M to help salespeople become more organized - May 24, 2016
- Nutanix brings hyperconverged infrastructure to SMEs - May 24, 2016